closed in the green on Friday, around the critical 2033.11 level. The bollinger bands
are widening and volatility
is falling as the VIX
was 15.05 at the closing bell. The bullish
market will continue, should the volatility
continue its retreat, with 2051.01 as an objective, and 2043.15 as a primary objective.
An eventual breakout of 2020.46 will send the benchmark south, back to 2007.32, with 2012.57 as a primary objective.
The daily Pivot Point
is around 2029.03. The daily support levels are around 2024.53 and 2015.95. The daily resistance levels are around 2037.61 and 2042.11.