Intraday market notes & observations – June 10

3:00pm ET: Next support levels
Look to the March lows as the next support levels for the major averages:
SPX 1250
DTX 495
DJIA 11550
Nasdaq 2600
OEX 560

12:50pm ET: Intraday support/resistance:
SPX 1264.5/1288.5
DTX 505.5/513.5
DJIA 11925/12125
Nasdaq 2643/2677
OEX 564/574
VIX 17.9/19.1
Trin range: 1.1 – 1.7 (bearish)
Average VWAPs: 34/54 (mildly bearish)

Note: The VWAPs are constantly changing and the number given here is accurate at the time of writing. It is to be used as a gauge of current conditions. The indicator is best watched during the day to deduce trading trends.

Leave a Reply

You must be logged in to post a comment.