Impressive action. S&P’s tested the old resistance of 1220-1227 early this morning and held very well. (1221 was the low on the session) I was hoping to see the 1210-1212 area get tested, which is the 25% Fibonacci retracement. ( but market held above this) It’s hard to sink your teeth into much at these levels as this market has a lot to prove in this is upper zone! As hard as it to…
View the full post at http://blog.t3live.com
