SPX S/R 2/17/12

The SPX key support and resistance levels show the gap fill at 1360, closing high from 2011 at 1364, and intraday HOD during 2011 at 1371, all potential upside targets. For the Friday session, a break up thru Thursday's HOD at 1359 will launch a move higher to test 1364 R.

·        1377

·        1371 (5/2/11 Intraday HOD)

·        1370

·        1368

·        1365

·        1364 (4/29/11 Closing High)

·        1361

·        1360 (5/3/11 Gap)

·        Thursday HOD 1359.02

·        Thursday Close 1358.04

·        1357

·        1354

·        1351

·        10-day MA 1348.44

·        1347

·        1345

·        1344

·        Thursday LOD 1341.22

·        1341

·        1339

·        1338

·        1337

·        1336

·        1333

·        1332

·        20-day MA 1331.31

·        1331

·        1330

·        1329

·        1327

·        1326

·        1323

·        1322