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Author: Bill Duryea

S&P 500 Daily Analysis 10-11-2011

S&P500 Re-Cap 10-11-2011 The S&P 500 opened at 1183.25, 8.25 points below yesterday’s settlement at 1191.50.  The S&P traded up to a new high at 1194.75 near yesterday’s 1195.50 micro support level.   The market...

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S&P 500 Daily Analysis 10-06-2011

S&P 500 Re-Cap 10-06-2011 The S&P 500 opened at 1137.25, 2.25 points above yesterday’s settlement at 1135.00 The S&P traded down filling the gap before finding support at 1129.00 yesterday’s 1st support level....

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S&P 500 Daily Analysis 10-05-2011

The S&P 500 opened at 1120.25, at/or near yesterday’s 1st resistance level.  It was 6.25 points above the previous day’s settlement at 1114.00.  Selling pressure auctioned price down to fill the “gap”.  The opening range...

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S&P 500 Daily Analysis 10-04-2011

S&P500 Re-Cap 10-04-2011 The S&P 500 opened at 1077.25, 9.75 points below the previous day’s settlement at 1087.00. The S&P traded down to 1068 and then found support. Responsive buying stepped in and bought price up...

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S&P 500 Re-Cap 9-29-2011

The S&P 500 sold off again from the 1170 High and traded down 37 points before price discovery found support at 1134.  The late in the day rally was short covering back up to 1160.  1160 is now a key over/under level.  The...

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