Tech on S&P futures

Market news

22 February 2012

Tech on S&P futures

Resistance 3:1373 (high of 2011)

Resistance 2:1368 (Feb 20-21 highs)

Resistance 1:1364 (session high)

Current price: 1359,25

Support 1:1355 (session low and Feb 21 low)

Support 2:1351 (МА (200) for Н1, 50.0 % FIBO 1334-1368)

Support 3:1347 (61.8 % FIBO 1334-1368)

US stocks stuck in neutral: Dow 12,955.02 -10.67 -0.08%, Nasdaq 2,944.95 -3.62 -0.12%, S&P 500 1,361.08 -1.13 -0.08%

GBP/USD breaks below $1.5660 and extends lows to $1.5653. Some demand now noted into $1.5650 with more noted on a break of $1.5640.

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