Friday, December 9, 2016 Morning S&P Comments from Michael Blythe
Good morning. Quiet overnight, less than 5 handles of range, volume is around 80K mini’s in each the Dec and Mar contracts. Today I will be using the MAR levels in the report. Light calendar, I’m not expecting much.
2252 (***) Third Target + Resist
2249 (*) Target 2
2246 (**) First Higher Target + Some Resist
2240 (*) Early Pivot
2237 (*) First Lower Target + Small Support
2231 (**) Second Lower Target + Better Support
2228 (***) Pivotal
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC