February 17th Support and Resistance Levels

By FulcrumTrader · February 17, 2010 · Filed in Misc.

The near term resistance levels for today are located at the 1100.00 level from last nights after hours session trading, and next at the 1101.50 and 1103.50 levels from previous weeks trading. There are no price levels above the 1103.50′s that hold any remaining significant SHORT inventory.

Our near term support levels for today start with minor levels at the 1095.25′s, 1092.50′s, and the 1092.00′s. The next lower levels of moderate support are located at the 1086.25′s, 1083.25′s, and the 1079.50′s. Key last levels of LONG inventory support are located at the 1068.00′s, 1065.50′s, and last level at the 1060.50′s.



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