AdamParmer

Resistance levels for the equity rebound

Long
FX:SPX500   S&P 500 Index
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0
The S&P 500 started 2015 by selling off. After finding a soft bottom, we need to determine what resistance levels are important.

First level - 2073.30
Second level - 2113.70
Third level - 2123.80
Fourth level - 2160

I think the first, second, and third levels are attainable but I am not optimistic about reaching the fourth level.

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