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