MCM_Creative_Technologies

Intermediate Line In The Sand For A Larger Decline

FX:SPX500   S&P 500 index of US listed shares
We've extended marginally above our ideal target zone for both time and price, but there is no reason to doubt that the current rally is nothing more than a corrective bounce at present. A break above the overhead resistance and a challenge of the 2130 level would cast some doubts on a more extended decline. Here is today's Market Structure Projections and commentary.

http://mcm-ct.com/blog/short-term-projections-look-out-below/

If you have any questions about our analysis or analysis systems, feel free to contact me at john@mcm-ct.com

Hope you all have a profitable day.
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