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Commodity Trading Discussion Forum

Re: E-Mini, SPX Sugarman

Posted By: hunter
Date: Friday, 6 November 2009, at 1:04 a.m.

In Response To: Re: E-Mini, SPX Sugarman (hunter)

Hi Sugarman.
As posted late in the afternoon to Jacko. "There is strong resistance on the 1064.00 area for the ES". For the SPX is at 1066.83. If the SPX was to go higher it will have to jump it. If it does then, the next resistance and possible objective is at 1077.06 tomorrow @ 15:30 ATA. Give or take a few hrs LOL Failure for the SPX to overcome the resistance it will be the very early resumption of the long term bear trend. (Yes we will need more confirmation than just that)

Will see what the market has for us tomorrow, in due time it will show us the way.

Thanks for the updates my friend!

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