Wednesday, September 5, 2012

S&P futures target

S&P Futures Daily
Today was the 4th day in a row (if you ignore the holiday close) that S&P futures closed below its 20day WMA. I'm expecting a drop to the red box area (1375-1387) tomorrow and Friday. I think Gold futures are ripe to pull back too.... with the first level of potential support at 1670-1675.