Sep 5, 2011

Short term update

As I said short term prediction when you have long weekend is very tricky:)
The SP500 futures are 30 points lower ~1145 where the circle is on the chart - minor support level and the lower trend line. The new short term plan is bounce to resistance and continuing lower. Alternate scenario plunge bellow minor support and the trend line to stronger support level ~1120 before bounce and another sell off.
But again lets see the open tomorrow:)

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