Monday, April 18, 2011

SPX S/R 4-18-11

Note the fight this morning by the SPX to hold 1298 support.  If SPX fails thru 1298, 1296 intraday support is next, then 1294 support.  1303 serves as a resistance ceiling above, then 1306.
·         1311
·         1307-1308
·         1305-1306
·         1303
·         1298-1301
·         1294-1295
·         1291-1293
·         1286-1287

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