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S&P 500 TUESDAY OUTLOOK by------------

 Every day i will present s&p 500 outlook from now onwards.

From past 4 days s&p rallied 3%

Watch 1120 on upside and one can sell at 1120.If we can close above 1120 it will trigger fresh rally on bourses.

Downside watch out 1106-1103 area

We may retrace till this area and we may take out 1120 on upside with a target of 1200 on s&p 500.

Best to your trading and do comment and mail me your doubts.

Disclosure: No positions in s&p 500