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Sunday, March 8, 2015

SPX / SP500 OR S&P500 - Trend & Trading Levels for the week - 09 Mar 2015

Best Buy & Supp @ 2085 (Current Resis) Actual resistance & best short level 2096 above 2108 upside target @ 2134 - 2146, however a crack below 2074 downside capped @ 2046 - 2035

Now @ 2071.65

Daily Trend - Firm Bearish 


Weekly Trend - Bearish 


Strategy - As daily & weekly technical indicators have faced south & suggesting drop, hence its sell on rises 

Sell @ 2085, average if get 2096 target 2046. Stops @ 2108

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