Support in the SnP

Discussion in 'Trading' started by faure, Oct 20, 2007.

  1. faure


    From a purely technical viewpoint 1480 looks really strong. It's around August resistance and the 200ma. If we break it the bears will have a much stronger case technically. But as it is the market is going up (who cares why) so buying dips is the smart play. 1480 is another 20 points lower so monday doesn't look too promising. I doubt the Fed will come to the rescue.
  2. The spooz has tons of support in the 1400's range

    good luck bears your gonna need it
  3. you will always be known as the guy who called the top and a tool. god only knows.