S&P 735 is the major

    Posted by ndtrade123 on 11th of Mar 2009 at 09:51 am

    S&P 735 is the major resistance right?  The support from last bear market we broke few days ago?

    SPX 60 min chart.png Yes there

    Posted by matt on 11th of Mar 2009 at 10:10 am

    Yes there is a gap there at 735 as well as a Fib retracement

     

    There is no negative divergence on this move, therefore if a pullback occurs here on lighter volume, I think one could look to buy  it. 

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