I have previously stated the resistance level to look out for SPDR S&P-500 (SPY) (02-07 post, see the copy of chart posted on 02-07) . Please watch these levels, as Financial Markets may open with gap up, even if Markets don't open with gap, I expect them to test these levels and reverse. I shall be looking at hourly chart, to enter the short position.
Thursday, February 11, 2010
Financial Market Forecast Update
Commence with gratitude to The Ultimate Knower, for His Blessings and ability to spread.
I have previously stated the resistance level to look out for SPDR S&P-500 (SPY) (02-07 post, see the copy of chart posted on 02-07) . Please watch these levels, as Financial Markets may open with gap up, even if Markets don't open with gap, I expect them to test these levels and reverse. I shall be looking at hourly chart, to enter the short position.
I have previously stated the resistance level to look out for SPDR S&P-500 (SPY) (02-07 post, see the copy of chart posted on 02-07) . Please watch these levels, as Financial Markets may open with gap up, even if Markets don't open with gap, I expect them to test these levels and reverse. I shall be looking at hourly chart, to enter the short position.
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