What to Watch Next Week
- Market: S&P500 went flat to 1877.86, after briefly tested 1890 resistance the second week. The index is confirmed uptrend from 12/2011. The near-term support is around 1850, and the near-term resistance is around 1890. From this wee's action, I think 1890 is definitely a major resistance, I think the index will go down towards 1850 next week.
- FIS: FIS went down 0.65% to $53.40, tested $54 again but failed to hold. FIS is confirmed uptrend from 01/2012. The near-term support is around $52, and the near-term resistance is around $54. Looks like $54 is the resistance, will see if FIS will test $52 next week, if so, then maybe it is a potential short-term long opportunity.
- FNF: FNF went down 1.41% to $33.54, went back below $34 this week. FNF is confirmed uptrend from 09/2012. The near-term support is around $33, and the near-term resistance is around $34. let's how FNF will play with $34 next week.
Disclaimer: This report is my personal opinions and thus does not constitute a recommendation. In no event I will be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind.
