Thursday
Jan 08th
S&P Future - Technical Analysis - Update
Last week in this article, we had pointed out that the S&P future fall should have found a solid support at 1.270 points. It was actually an excellent forecast as last week it touched a minimum at 1.262 points and then bounced up strongly.
We expect it to pullback the low part of the red channel (1.440 points) where we would be ready to open short positions.
Updates will follow.
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