Unchanged…
S&Ps are basically unchanged at 1216.
On the way up, our targets are 1217, 1220.50, 1223-25 and 1227. On the downside, we have 1213.60, which was yesterday’s low, 1211, which is the low from April 18, and then a key at 1207.50.
NASDAQ is down 16.50 at 1770. Very quiet overnight session. We traded down to 1762.50 overnight. After filling the FOMC gap, we’re now focused on the gap left over from INTC’s earnings announcement. Below 1752 we will begin that process.
For today’s session, we have support from 1755 to 1748. Under this, 1744.50 is limit down.
We have resistance between settlement at 1786.50 and 1795. If we get above that, look for a move to 1815.