Today’s Numbers
S&Ps are trading at 1110, up 1.40. On the upside, we have 1112, 1117.50, and 1123.30, which was limit-down yesterday.
On the way down, we have 1108, 1107 which was yesterday’s low, 1105, and a key at 1100.50.
NASDAQ is trading down 6 at 1399. For today, we have a band of support between 1391 and 1380. 1383 is the Globex low. If we get below this, limit down comes in at 1363. We have support under limit down between 1350 and 1340.
Resistance is 1405 up to 1420. If they get through that, there is a chance to trade up to 1445.
The Dow settled below 9500. Look for a possible retest of the March 22 low. The settlement that day was just shy of 9400.