S&P 500 9-1-2010

September 1st, 2010 by admin Leave a reply »

The S&P futures opened with the sellstalk shut off, and thus rotates sentiment to bullish, and has the daily
resistance line, 1065.75, as the initial target. If we get up there, it is possible to get above, but looking at the
technical downward action still in play, we should not be able to maintain above there, or treat as a “heavy” line.
We are divergent above 1058.75, so we may get pulled back under there by the open, and support begins at
1056.75.

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