ACTIV8X

S&P 500 is still in the flag...

SP:SPX   S&P 500 Index
The S&P500 is still hovering in the flag formed by the blue trend and the orange one. It tried to break through its upper side today but failed, and went back to its 1941 support level.

The objective are the same : 1869 will be the objective if the orange trend is breached, with 1911 as a primary objective. If the benchmark breached the blue trend it will be heading back toward 1994.

The daily Pivot Point of the benchmark is around 1956.18. Its daily support levels are around 1923.73 and 1905.43. The daily resistance levels are around 1974.48 and 2006.93.

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