Friday, October 09, 2009

Daily Range Projections Oct 9th ‘09

 10/09/2009

Futures approx. BO

 

 

Daily Range Projection

Low

High

/ES

1058.50

1072.50

SPX

1062.49

1073.31

/NQ

1711.25

1734.50

NDX

1706.44

1724.95

 

Please Note:

NDX tolerance levels right under upper range

SPX slightly above lower range

Attributed to yesterday’s Nasdaq100 weakness (IMHO cubes completed w5 of sequence up daily due to establishing bottom back in November 2008 before S&P500’s March 2009 bottom)

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