S&P500 PreMarket Price Action
With Friday’s trading see just about every level possible for the day, the buyers came in aggressively after 10am and took prices from 1037.00 support back up to 1066 area before close. Today’s range could tighten with support in at 1060 and 1054. With a push of volume we could see 1049 area of resistance again. To the high side we could see price fight with resistance on the 1065 area and with a breakthrough resistance there price could move to retest 1072 and perhaps 1077.50.
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