NextWave

SPX ~ Update ~ Technical Failure At Resistance

SP:SPX   S&P 500 Index
Just as the Bears failed at 2040 the Bulls have failed to take out the high at 2135. Back to neutral as the price and technicals could not confirm a new uptrend.
Another failure to take out the highs would bring another test of 2040. A break of 2040 with further technical breakdown could potentially take the SPX             down to the October 2014 level.
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