Dow Jones And S&P 500 Futures Move To Upside
ICN.com | Jul 02, 2015 06:12AM ET
Dow Jones
Dow has moved to the upside and it is currently hitting the key resistance of 17690.00. It seems that the index has found a good support in the 17460 areas and the recovery may continue over intraday basis.
SMA20 and SMA50 could be the target of the under-preparation re-test, while breaching below yesterday’s low at 15575 will change this outlook.
Support: 17500.00-17460.00-17315.00
Resistance: 17600.00-17695.00-17730.00
Direction: Up
SP500 Futures:
SP 500 has moved to the upside, as we discussed in our midday updates yesterday.
Passing over 2070.00 should open the door up towards moving averages, where the index may make a re-test.
A break back below 2056.00 will give us a rational reason for concern.
Support: 2065.00-2055-2043.00
Resistance: 2075.00-2083.00-2092.00
Direction: Up
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