SPX - Impulsion on thin ice.

FX:SPX500   S&P 500 Index
140 4 9

SPX             could climb to 2200 in a narrow 3 month tunnel.

overall the pivot is 2040/2060.

2060: 200d ema

Sentiment: relatively negative > fuel for increase.

Note quarterly expiry tend to be on uptick - 5 weeks to go.
Lets watch oil

Oil's melting down...
ChimbOt IvanLabrie
Overlay crude and Dow jones
Agreed, as long as above 2025 I think it can rebound from this area.
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