Monday, October 10, 2011

S&P 500 ~ EOD Update ~ 10 October 2011

The rally continued today and we're now up 120 handles within a week!

The SPX opened above last week's high and rallied straight to the 1189-95 resistance from where we got a nice pullback of a few handles. By the end of the day though the SPX was back at the resistance and closed at 1195:

Resistances are at 1189-95 and 1220ish. Supports are at 1170ish and 1155.