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
02-07 17:16
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Today's Live Market Quotes & Charts
| NASDAQ | 2904.08 | ||||
| S&P 500 | 1347.05 | ||||
| ^TNX | 1.97 | ||||
| ^XAU | 199.29 | ||||
| ^XOI | 1318.98 | ||||
| DIG | 49.76 | ||||
| OIH | 130.56 | ||||
| FAZ | 26.29 | ||||
| CMD | 52.00 | ||||
| TLT | 116.27 | ||||
| EDZ | 12.62 | ||||
| EEV | 25.61 | ||||
| UDN | 27.48 | ||||
| BGU | 75.96 | ||||
| BGZ | 23.36 |
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