Sunday, October 4, 2009

S&P500 short-term support/resistance:

S&P500 in short term: over sold.
S&P500 in intermediate term: extremely overbought.
S&P500 in long term: neutral.

Short Term Supports:
S1:1017
S2:990
S3:972
S4:950

Short Term Resistances:
R1:1040
R2:1152
R3:1166