IIFT Daily Note with Peter Brown

Pretty Quiet

Posted by:  |  Time: 6:59 am  |  Topic:  |  Comments: 1
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Big fall in S&P over the last few days. Found good support in the 1182 area. Euro range bound 1.34 to 1.3525.

Market stable and should remain so provided we don’t get fresh news. Play the ranges on the Euro. Might be a rally day on theS&P.

If we break 1180 it,s pretty bearish.

One Comment

Niall

November 22, 2011

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Psychological Price Barrier providing resistance at 1200 S&P CASH market, I also have a support pivot at 1197 CASH market. A breakout will be interesting.