S&P 500 is heading for the major 100 MA support at 1,770. If that level is breached we will see what could be coming next. It could be the 1,600 support on the weekly that I have posted about previously. I don't know at this stage. Lets see how this goes first. The credit problems around the world are causing a flight to safety out of equities imo.
No comments:
Post a Comment