Tech on S&P futures

Market news

23 December 2011

Tech on S&P futures

Resistance 3:1275 (high of November)

Resistance 2:1267 (high of December)

Resistance 1:1257 (session high)

Current price: 1252,35

Support 1 : 1250/49 (session low, Dec 21 high, support line from Dec 19)

Support 2 : 1239 (Dec 22 intraday low)

Support 3 : 1232 (Dec 22 low, 38,2 % FIBO 1195-1257)

US stocks rise after house passes payroll-tax cut extension: Dow 12,208.48 +38.83 +0.32%, Nasdaq 2,601.56 +2.11 +0.08%, S&P 500 1,257.89 +3.89 +0.31%

U.S.: New Home Sales, November 315 (forecast 314)

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