Thursday, February 9, 2012

S&P 500 - iShares S&P 500 Index (IVV)

S&P 500 has reached 1350 area previously reached on July 2011 (Twice - Double Tops), April and May 2011 (couple of times). It is again trying to pass above these resistance points, so far it has not been successful. SMA 15 is above SMA 50 and both FSTO and SSTO are in their high of the sessions. I will wait until later in the day for selling some of my positions in S&P 500.

IVV is the ETF for S&P 500 traded in NYSE.

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