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S&P500:Market Report-26/05/09

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The beginning of the near week will be able to dictate the direction of the rate S&P 500 in the short-term since in the eventuality of breaking in decrease the important support of 875 points it will owe to address quickly to the zone of 835/830 points.

On the other side, and in a version bullish have buyer turns a sign of strength if it manages to break the resistance of 896 points and there 1.000/1.010 promises strong means to go to test the zone of points.

Since they know I have a short position and while it will be maintained below 896 points I feel insurance.

For whom shareholder waits for a better definition of the market, it seems to me that it it creaks of 875/896 points it will have to define the tendency. The side what to give in will be the side to accompany.

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