Traded Index Futures – Index Charting | Day Trading

Traded Index Futures – Index Charting

July 1st, 2010

Looking at a chart of the major traded index futures from yesterday and you can clearly see we are heading lower this morning. It could just be the technical break of the 1,040 level on the SPX that is causing the commotion. Remember we warned about it’s consequences earlier this week?

Now are are flirting with a major support break and a possible “lower low” signaling the final trend higher has changed.

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