Friday, December 9, 2016

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