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David Zanoni's  Instablog

David Zanoni is a graduate of Rutgers University with a B.S. in Management. He is an independent long term investor of stocks and a short-term trader of options. David believes in the power of innovation, capitalism, and the characteristics of the American spirit: intellect, fortitude, and... More
  • S & P 500 key level 0 comments
    Sep 1, 2009 09:21 PM
    With the market pulling back this week, the next key level to watch for is 979 on the S&P.  If we can remain above 979, that will be bullish.  If we go much lower than that 979, then 879 is the next key holding level.  If that 879 gets broken, then the bears will say I told you so.  The 979 is 5% below the peak of 1031 from Aug. 27, so the bulls will be looking good if that level is held.
    Themes: S P oscillator Dow
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