Monday, December 7, 2009

S&P500 short term supports and resistances (12/07/09)

S&P500 in short term: extremely bought.
S&P500 in intermediate term: extremely overbought.
S&P500 in long term: neutral to partial overbought.

Short Term Supports:
S1:1097
S2:1086
S3:1078
S4:1066

Short Term Resistances:
R1:1114-1116
R2:1125
R3:1152
R4:1166