[/caption] Looking for a gap up to 1320 in the over night session. support will be at 1341 and the 1309.75. Resistance coming in at 1322 then 1330 area as it approaches the 200MA (in Red) next area will be 1334 then our previous extreme hig at 1343.25. There is a resistant trend line at 1324 area where we could keep this channel for a test back down for a double bottom or the possibility of new lows. As mentioned yesterday, watch out for more news coming out of the middle east and N. Africa. This could also effect gold and Oil. If it is volatile I would expect to see a break of $100 a barrel Silver is also taking a very large bullish move and could see a break of 35 on its way to an extreme high of $42, again based on volatility politically. S&P 500 day trading course
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