S&P500  had made 3 time low near 1173 in november but never given Close below 1175 which was my support . and taken Uturn.. now trading @ 1215.

So Triple Bottom formation made @ 1173 now 1173 will act as Strong Support and Last hope for Bulls .

3 back to back close above 1213 will take S&P500 @ 1283.

Intraday Support @ 1207.

Chart looking good only Uncertainty of bad new can drag it down …..

hope every one remember i have told 5599 is strong support need 3 close below this level just see it made low of 5519 and next day it crosses 5599.

While updating FTSE100 made low of 5642.50 and high@  5746.89.

Hurdle @ 5750.

If close above this  level then Bull Run Will continue and it will break recent high ….

Below 5750 No problem For Bears ……

Leave a comment