July 12 Morning

Posted: July 12th, 2012 at 7:02 am

Good Morning,
The stock futures were declining Thursday as skepticism over the latest labor report added to concerns about the global economy. There was also some lingering disappointment about the minutes from the last Federal Reserve policy meeting, which were released late in Wednesday’s session

Lots of weakness today , I’m looking at this time at the ~132.70 which is a gap fill, if we fail here. I also will be looking at the 132.00 area also if we move down to this area.
Key Levels on $SPY
P3 = 136.49
P2= 135.27
P1= 134.73
Mid= 134.05
-P1= 133.51
-P2= 132.80
-P3= 131.61

~Anthony K.