$SPX: The S&P 500's Key Yellow Resistance Target

SP:SPX   S&P 500 Index
In my previous update I discussed that SPX has lost a key support level in the orange support zone. SPX was sitting under resistance as investors waited for Friday jobs data. The strong jobs data led to a spike back up and SPX has successfully regained support at this orange zone again. My current price target for SPX is the yellow resistance trend line.

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