Monday, July 2, 2012

S&P 500 ~ Intraday Update ~ 2 July 2012

As said on Friday, I think we could see a correction at the resistance between 1357-66. Possible targets for a pullback are 1347 and 1335:

As always, I'd like to see some kind of a reversal first (e.g. shooting star, etc.) before going short. Next resistances are at 1375 and then around 1390+/-5