Thursday, January 10, 2013

SPX ~ EOD ~ 9 January 2013

The SPX opened above 1458 and then rallied to the resistance at 1465-70ish:

We continue to trade in a tight range of about 15 points. A break below 1448 should lead to 1426 (open gap). If we get a convincing break above 1470ish though, the next target should be 1500.