ACTIV8X

S&P500: 1920.4 is checked, is 1937.9 next?

SP:SPX   S&P 500 Index
The S&P 500             closed its second consecutive session in the green after a long bearish streak. Volatility is lower and the benchmark closed around 1920.4 level. The benchmark will head towards 1937.9, should the movement continue, with 1929.34 as a primary objective.

Any draw downs will send it back to 1897.93.

The daily Pivot Point is around 1909.23. The daily support levels are around 1897.93 and 1875.84. The daily resistance levels are around 1931.32 and 1942.62.
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