Tuesday, June 21, 2011

S&P 500 ~ Pre-Market Warm-Up ~ 21 June 2011

I'm not at home today so unfortunately I can't post any intraday updates.

After we hit the resistance at 1280 yesterday not much happened anymore. Overnight the ES rallied and is now above the aforementioned level so it looks like the SPX can breach the 1280 area at the open.

Next targets are the gap at 1288, the low 1290's and then 1313. Supports are at 1278-80, 1275 and 1268.