Monday, September 17, 2012

S&P500 futures intraday technical analysis - bullish above 1448

The E-mini S&P500 futures (September 12) remains in a strong bull trend and any pullbacks are viewed as corrective and should be bought. The market is very well bid and all buy signals should be considered good opportunity. Intraday pivot is 1448 which coinsides with the 50% Fibonacci extention taken from the 11.09 low at 1421.20 to the 14.09 high at 1474.25.


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