Tuesday, October 18, 2011

S&P 500 ~ Pre-Market Warm-Up ~ 18 October 2011

As already mentioned last week the last few days looks very similar to mid September:

Next support is around 1190-95 and if it breaks we should at least close the open gap at 1155 or even decline to 1120ish once again (like last month). Strong resistance is still at the top of the big range (~1120-1230) at 1220-30.