Monday, December 12, 2011

S&P 500 ~ Intraday Update 1 ~ 12 December 2011

The SPX is down even more today than it was up on Friday.

We're below the 1233ish support level now and there isn't much support until 1200ish. The two support areas in between are only highly speculative as they were perfect areas for a potential inverse H&S: