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S&P 500 WEDNESDAY OUTLOOK

 Source : http://www.moneyvistas.in/ 


Index moved higher and made a high of 1145.37 but did not close above 1142.
Yesterday volumes were high.What these volume action  suggests when index paired gains.


Now we have support comes at 1130 and 1120
Resistances are 1142 and 1152


I am clearly Bearish on s&p 500 for Wednesday trade.This week if we get a  bad number from jobless claims then it will put question mark on making new highs above 1150.


Cheers & Best to your trading.


Disclosure: no holdings