harsha.imperial
Short

1850 , The Point of No Return for S&P 500.

FX:SPX500   S&P 500 Index
193 0 2
S&P 500             , Next Target on the downside is 1850, This level witnessed a market top in January 2014. Incidentally The 4th Monthly Pivot Support also is at 1850 overlapping the support level .
This means 1850 is a very strong level for the S&P 500             , & it must stop it's decline right here, if the Bull market is set to continue, Breaking this level decisively will trigger a huge sell off !
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