60 min S&P futures 17 Oct thoughts

Discussion in 'Trading' started by tradingpoints, Oct 17, 2008.

  1. Friday's price action tagged hourly and daily resistance between 961 and 984 on the Dec S&P futures. The subsequent decline from this Fib resistance zone ended at a cluster of Fib support between 921 and 926.50.

    Also from larger price swings - an hourly close beneath 912 should eventually target 831 to 777.

    Chart attached

    Regards,
    Joe A
     
  2. Nice chart :)
     
  3. Had the same thought myself... 4th wave triangle.. ??
     
  4. W4rl0ck

    W4rl0ck

  5. mini dow mini nasdaq