Tech on S&P futures

Market news

29 May 2012

Tech on S&P futures

Resistance 3:1370 (May 7 high)

Resistance 2:1363 (May 10-11 high)

Resistance 1:1348/50 (area of May 14-15 highs)

Current price: 1331,25

Support 1:1322 (support line from May 23)

Support 2:1314 (МА (200) for Н1)

Support 3:1294 (May 23 low)

U.S. stocks rose: Dow 12,600 +145 +1.16%, Nasdaq 2,874 +37 +1.30%, S&P 500 1,333 +15 +1.14%

U.S.: Consumer confidence , May 64.9 (forecast 69.6)

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