PowerTrades

SPX | NAS |USOIL Immediate trade references 22SEP

FX:USOIL   CFDs on Crude Oil (WTI)
We have failed to hold lower and have seen a bounce and hold of those levels.
SPX key areas is 3280F, Bullish on hold above and bearish below.
Hold above 3280 for a test of 3308/ 3324
Hold below 3280 for a move back to 3250
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NAS 10955 key reference areas, Has been the stronger of the two hence will expect to lead the way for longs.
Will look for a test of 11140 & 111240
Hold below 10950 will look for a rotation and traverse yday range of 10850/ 10790 & Lower
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USOIL is looking bearish for a hold below 40.40-40.20 regions. Hold below that will look to trade bearish
for a move back to 39.50 and lower. swing targets remain at 37.50

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