SPX S/R 4-24-11

Any positive move in the futures overnight will send the SPX up a few handles at the open, up thru Thursday's HOD to test 1339, then fill the gap at 1340, and then test 1341, 1343 and 1344.  If futures are lower overnight into the opening by 3 or 4 handles, and the 1333 level is lost, then tests of 1331, 1328 and 1325 support will be in order.

·        1404

·        1400

·        1377

·        1360

·        1350

·        1344

·        1341

·        1338-1339

·        1337.49 HOD Thursday

·        SPX Starts the Week Here

·        1336

·        1331-1333; 1332.83 LOD Thursday

·        1328-1329

·        1325-1326

·        1318-1323

·        1314-1316

·        1303-1312

·        1298-1301

·        1291-1295

·        1286-1287

·        1282

·        1274-1277

·        1270

·        1262-1263

·        1257-1259

·        1252

·        1243-1244

·        1235

·        1224-1225

·        1220

·        1217