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Monday, March 1, 2010

S&P 500 Day Trading Course Gap for Mar 1, 2010 Support and Resistance

Friday's trading kept things in the consolidated range once again.   Opening at 1102.75 and closing the day at the exact same price.  Prices traded a range of 10.25 points through the day, but went nowhere over all.  Monday's Trading could see prices retest the 1096 support, with 1092.75 and 1083.50 the next targets.  If price does move through the resistance at 1112.00 we will be watching for a touch to 1119, with 1127 and 1132 the next area's to watch for from there.  aa

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