Good Morning,
The futures were declining this morning as investor sentiment softened along with a gloomy outlook for the Euro zone summit and another round of weak jobs numbers.
With this decline, if we fall I am watching two levels for support on $SPY ~132.00 and ~131.80 for an area of support. If the market really fall I would expect a retest of the lows in the 130.80 area.
Key Levels on $SPY
P3 = 135.21
P2= 134.09
P1= 133.64
Mid= 132.97
-P1= 132.52
-P2= 131.85
-P3= 130.73
~Anthony K.