Wednesday, October 7, 2009

S&P100 Possible Moves in October

S&P100 Technical Chart:
October would be hard to predict due to earning season, but here is my monthly forecast for S&P100. Note S&P100 reached my July 23rd articel's target (500)and pulled back. If it moves above 500 level it would be very positive my bullish target for S&P100 would be 517 on the other hand if S&P100 drops bellow 475 it should move at least as low as 450.