February 16th Support and Resistance Levels

By FulcrumTrader · February 16, 2010 · Filed in Misc.

For this 4 day trade week, we start today Tuesday with our near term support at the 1079.50 and 1075.00 levels (weak support). The next levels of moderate support are located at the 1068.00 and 1065.00 pricing levels. Our final and last zone of any significant resting LONG inventory support is at the 1060.00 level.

The first near term resistance level for today is located at the 1084.75′s which has already been slightly traded through in the pre-market (trade so far to the 1086.50′s). We are still holding significant SHORT inventory from the 1077.00′s and 1084.75′s from several trade days ago, so this area will be key to watch right out of the US cash session open. Our next upper levels of held SHORT inventory resistance are located at the 1091.75′s and then at the 1098.25′s pricing levels for today.



[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]

Leave a Comment

You must be logged in to post a comment.