Tech on S&P futures

Market news

22 December 2011

Tech on S&P futures

Resistance 3:1267 (high of December)

Resistance 2:1254 (Dec 12 high)

Resistance 1:1248 (Dec 20 high, session high)

Current price: 1245,50

Support 1 : 1239 (intraday low, support line from Dec 19)

Support 2 : 1232 (session low)

Support 3 : 1224 (Dec 16 high, Dec 21 low)

PIМCO: “Global economy to grow 1% to 1.5% in 2012”

Nomura forecasts an increase in December total nonfarm payrolls of 175,000 and private nonfarm payroll growth of 190,000.

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