SPX 500 Index, Daily Chart Analysis August 4

TVC:SPX   S&P 500 Index
Technical Analysis and Outlook
The S&P500 index closed lower and by doing so, touched our Mean Sup 2014. The lower-range closure sets the stage for a steady to higher advancement towards the Key Res 3026 and Inner Index Rally 3040, and ultimately to the Outer Index Rally 3125 (The sixth phase). Currently, there is an additional significant support level: the Key Sup 2882. To continue the rest of the story see 'Market Insight & Commentary August 4, 2019 page, at TradingSig_dot_com.
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