S&P Strong, Euro Indexes Vulnerable: Charts

Thursday, 21 Jan 2010 | 1:40 AM ET

The S&P 500 index, which has been trading between 1,127 and 1,147 for the past 2-3 weeks, held a "key support level" Wednesday and is now "a buying opportunity," Clive Lambert from Futuresteschs said Thursday. European indexes like the DAX and FTSE are a slightly more vulnerable, Lambert noted, but he is "bullish at the moment."