S&P 500: End of a 4 day drop? Long

S&P 500 index of US listed sharesFXCM

Description

⋅ Oct 3, 2014 2:31 AM

The S&P 500 has retraced to the 76.4% level from the august 8 low to the august 19 high. Current levels suggest a support at the rising TL around 193x.xx level. Resumption of uptrend look possible. May be invalidated if prices closes below TL.

SPX (S&P 500 Index)Stocks index @krtan2011

Comments

pezq

⋅ Oct 3, 2014 6:49 AM

On the other hand the weekly chart suggests a return to the 1900 level - October can be a cruel month