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S&P 500 Index US stock market forecast and trading tips updated for 10th November 2015, Tuesday.


S&P 500 Index


S&P 500 index witnessing selling pressure from strong trend line resistance zone @ 2117 bears will be favored as long as it holds below.
On down side index will find 23.6% fibonacci retracement support zone @ 2058, bulls have some hopes for bounce back.
But if it closes and holds below 2058 then further weakness can be seen in coming days.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.