Daily Chart trend: Short possibilities. Main price points: 884, and 957. Looking for: Break through the 884 support. On the S&P Futures we are back with a daily chart, where we noticed that the market bounced from a red support line this week. Traders with a bearish bias should patiently wait for an 884 breakout, which should be the key to a temporary downtrend. This is contingent upon the upper, weekly trend-line and 957 highs holding.
Written by TheLFB Trade Team, © 2007-2008 LFB Services, LLC. All rights reserved.
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