The SPX then sold off to below 1370. Today in pre-market, the futures declined even further and hit 1342.5 (~SPX 1346). Right now, the ES is back near 1360 so the SPX should open around the support level at 1360ish.
Monday, May 7, 2012
S&P 500 ~ Pre-Market Warm-Up ~ 7 May 2012
The important support level for the bulls at 1385 was breached on Friday:
The SPX then sold off to below 1370. Today in pre-market, the futures declined even further and hit 1342.5 (~SPX 1346). Right now, the ES is back near 1360 so the SPX should open around the support level at 1360ish.
The SPX then sold off to below 1370. Today in pre-market, the futures declined even further and hit 1342.5 (~SPX 1346). Right now, the ES is back near 1360 so the SPX should open around the support level at 1360ish.
