Sunday, April 8, 2012

SP500 & SPY Watch

After a disappointing job report last Friday and with the market being close for Good Friday, Monday's opening can be a rough one. The SP500 overnight future is already showing down near the 1375 level as of this writing. The question is if the SP500 breaks below this support level, where will it go for next support? Likewise for the SPY, if it breaks below 138, where will it find support? Watch the video to find out where the SP500 & SPY might find support.



Disclosure: no position on SPY


Share It