Wednesday, November 7, 2012

S&P 500 ~ Intraday ~ 7 November 2012

The SPX opened lower and is back at the bottom of the range:

Until either 1407 or 1435 breaks, the easiest trade remains to go long at 1407 and short at 1435. If 1407ish gets broken this time though, the next stop should be the support just below 1400.