Sunday, July 31, 2011

120 Minute S&P Futures All Session Chart


Here is a chart of the 120 minute all sessions S&P Futures.

I came into Friday watching this key Fibonacci level and the DT oscillator for a potential buying opportunity.

The DT oscillator turned early, and we didn't quite make it to the 78.6% level highlighted on the chart. I'm still watching that level as downside support should we see further weakness in the market early this week.

Chart courtesy of Dynamic Trader

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