Playing field $SPY $SPX

Spy30mSpySpy1h

I have marked some key pivots (+/- 7 points) that might offer some guidance in the following days or weeks. 

 

1313 – above, SPX could possibly resume the rally

1291 – first mayor test area

1261 – bull market in danger

1240 – a sustained move, could propel into bear market 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s