Day Trading – The Bullz And Bearz
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Tuesday Morning SPX Support/Resistance Levels
March 2nd, 2010
Yesterday was a great day for the markets and anyone who dared go bullish. The day ended on a high note and ironically right at target resistance level. All the indicators for momentum and trend show clear bearish divergence even at these high prices. So for now the support/resistance levels on the intra-day chart remain the same and are updated below for you all.
I would watch for a slightly higher open and then a close lower on some good volume selling. As I talked with another coaching member last night – the VIX now below 20 for the second time has got me at least a little worried that the bullish move will be over soon and with a swift move lower.
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Today's Live Market Quotes & Charts
05-21 17:30
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Today's Live Market Quotes & Charts
| NASDAQ | 2847.21 | ||||
| S&P 500 | 1315.99 | ||||
| ^TNX | 1.74 | ||||
| ^XAU | 152.38 | ||||
| ^XOI | 1123.84 | ||||
| EEV | 32.07 | ||||
| UDN | 26.75 | ||||
| XLF | 13.90 | ||||
| USO | 35.15 | ||||
| SDS | 16.99 | ||||
| TLT | 123.94 | ||||
| DIG | 39.26 | ||||
| ERY | 12.41 | ||||
| CMD | 59.24 | ||||
| UUP | 22.39 |
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