Thursday, July 9, 2009

Areas to watch

Levels to watch for the S&P Futures


Upside Numbers: 885, 898.25 and 911.50

Downside Numbers: 871.50, 851.25 and 837.


These should be the critical numbers on both side of the trade here. We are currently gapping up into the open on the Alcoa earnings which was weak but not as weak as expected. Oil is also getting that bounce from $60 which was spoke about but i do think it gets broken. I have a couple of charts but I think i will wait for the weekend to post them.

Have a great day

MARKETJEDI

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