business newsES Support and Resistance for October 9
By
Dennis Coleman Oct 09, 2012 8:10 am
Today's levels.
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The E-mini S&P 500 Futures Contract (ES) opened lower than Friday's close and in the area of S1. About an hour after the pit session began, the ES was finally able to pull away from S1, moving in the direction of the pivot. However, it eventually returned to S1 and spent the remainder of the day trading in the area of S1. The range for the day was six points.
The levels for today are:
R3 = 1462.25
R2 = 1456.25
R1 = 1453
Pivot = 1450.25
S1 = 1447
S2 = 1444.25
S3 = 1438.25
No positions in stocks mentioned.
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