Thursday, May 20, 2010

For Market TA analysis

For Market TA analysis

Short term market is oversold now, key support level now 1064 which is few days back low which is 1165.79. Support for the SPX 1058 and then 1041, with resistance now at 1090 and then 1107. Friday is options expiration Friday, always full of surprises.

FOR 05/21 SPX resistance , pivot & support
Resistance R3 1143.10, R2 1119.26, R1 1095.42
Pivot Point 1083.50
Support     S1 1059.66, S2 1047.74, S3 1023.90
 
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