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ACTIV8X
Oct 9, 2015 1:51 AM

S&P500: Will it keep on the pace? 

S&P 500SP

Description

Yesterday, the S&P500 continued its quest of higher highs reaching 2016.5 during the previous session.

An opening above 2015.86 will send the benchmark will continue its rally to 2021.18 as a primary objective, with 2026.18 as an objective.

Failing to maintain the current trend, will send the benchmark back to 1993.11, with 2006.87 as a primary objective.

The daily Pivot Point is around 2005.82. The daily support levels are around 1995.14 and 1976.85. The daily resistance levels are around 2014.11 and 2034.79.
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