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S&P intraday

TRADINGCENTRAL: S&P500 STRATEGIA SHORT

SP500

S&P 500 (Dec 08) intraday

Strategy SHORT  

Entry          980.00  
Stop            984.00   
1st target    939.00  
2nd target   920.00


Pivot: 984


Trend: ST Limited decline; MT Decline

Livelli chiave:

1043** Fib projection

1010** Fib projection

984** Intraday pivot point

973 Last

939** Intraday support

920** Intraday support

900** Intraday support

Comment: The 60-min RSI is held up by an ascending trend line.

Our Preference: LONG positions above 952 with 1010 & 1030 in sight.

Alternative scenario: The downside breakout of 952 will open the way to 939 & 920.



TRADING CENTRAL is a leading investment research provider to financial market professionals. Our technical strategies cover equity, index, fixed-income, forex and commodities markets. Our market depth and knowledge is attributed to our acquired experience on trading floors of many banking institutions.

Technical analysis is our core business. Our award-winning methodology is backed by time-tested indicators. Our chartist and mathematical approaches match requirements of various investment styles, from intraday trading to swing trading and long term investments.
 
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TRADING CENTRAL is a Certified Member of the Investorside Research Association ©. Financial research produced by TRADING CENTRAL is independent and free from investment banking conflicts.


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