S&P 500 is set to open 2.30 points lower with premium factored in.
NASDAQ is set to open 50 cents higher with premium factored in.
DOW is set to open flat with premium factored in.
All in all, it should be a fairly quiet open, however, the 3 day pattern calls for some fairly
heavy volatility today so lets keep that in mind.
If you have not taken a look at the Pivots, Projected Range or Probability for today you might want to cram.
I have also been working on a new support and resistance system that looks very promising.
The initial numbers for today basis the SPX are as follows:
Support - 1386.07, 1384.17, 1378.45....... Iron Clad Support 1371
Resistance - 1398.47, 1409.90........ Iron Clad Resistance 1419.43
Lets see how these pan out as they have been pretty darn accurate in back testing.
Stay on your toes today and remember USE YOUR STOP LOSS ORDERS!!
Lets make some money today!!
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