29/04/2009 Pre market

08.27am Amsterdam

In the weekly graph, you can see again why 870-875 is for the S&p future a big resistance.

Yesterday, the market rallied up to 861, closed around 857.

Right now, the market is around 859.

The bulls are still strong and it looks like 870s will be tested soon again. So far the resistance has been stronger than the bulls could handle, things might change, and if that happens we go up fast to next level, 930s.