ForExtraPips

Looking for the next possible area of support on the daily.

SPCFD:SPX   S&P 500 Index
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With the same chart that I posted showing where the next possible resitance could be, I then placed another vertical line on yesterday's high. If price doesn't go higher than yesterday, I am keeping an eye on the 2965 area as the next possible area of support. Where the vertical line instersects with the trend line from the previous swing lows. If price does go higher first, then I'll just move the vertical line over to the new high, then adjust the horizontal line where it intersects with the swing lows trend line for next possible support.
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