Tech on S&P futures

Market news

1 March 2012

Tech on S&P futures

Resistance 3:1410 (high of June’2008)

Resistance 2:1400 (psychological level)

Resistance 1:1377 (Feb 29 high)

Current price: 1371,25

Support 1:1358 (session low, Feb 29 low)

Support 2:1352/1 (Feb 23 and 27 lows, МА (20) for D1)

Support 3:1334 (Feb 16 low)

US stocks holding gains: Dow 12,993.88 +41.81 +0.32%, Nasdaq 2,981.95 +15.06 +0.51%, S&P 500 1,371.56 +5.88 +0.43%

Goldman revised down tracking estimate of Q1 GDP growth to 2.0% from 2.3% after weak PCE data

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