As reported by «Market Leader» (US)
Analysis of S&P500 index from the point of view of volatility trading
Stock exchange news. Last week amid the issued weakly macroeconomic statistics, S&P500 index future moved from significant option barrier of 1200 and again lowered to the minimal numbers of about 1120, which had been observed during the last period. Currently 1100 and 1050 option barriers, as well as a local minimum of 1077 represent the levels of support, which can stop or weaken further decline. The levels of resistance on the way upwards are represented by 1200 and 1250 option barriers, as well as the current month’s level of maximal volumes, namely, 1184.