A COUPLE OF CHARTS FOR YOUR STUDY

BELOW IS THE MARKET ACTION FOR 2/5/08 WITH THE OPENING AND 1ST HOURS RANGE.

I HAVE ALSO PLACED THE SUPPORT AND RESISTANCE NUMBERS ON THE CHART MARKED WITH THE BLACK DOTTED LINE.

THE CHART BELOW OFFERS UP SOME GOOD CLUES AS TO THE SHORT TERM DIRECTION ON THE S&P.

THIS SHOULD BE A GOOD TOOL TO USE FOR YOUR POSSIBLE POSITION DAY TRADES.