rn0269

S&P 500 : The canary in the coal mine ?

Short
SP:SPX   S&P 500 Index
S&P 500 Levels to watch.

Heavy Resistance @2700 & Strong Support @2600.

Previous close @ 2670. Can the S&P break the longer
term resistance @ 2670 and the upper resistance
@2700 and hold support there ? It tested the upper
resistance on 04-18-2018 and was rejected .

Interestingly this comes at a time when there have
been a number of better than expected earnings.

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