Trading1to100

SPX 2640=T2-T3, NEXT TARGET=2415-2400 OR LOWER!!!

OANDA:SPX500USD   S&P 500 Index
Spx got to 2640 then turned lower to tested 2460 and again back to 2641 then has since turned lower testing 2440 yesterdays low.
Overnight prices have tested 2500 and then dropped back to 2460's, this is about 38% retrace of 2180-2640 break below here then expected next support levels 2415-2400 (50%), 2360-2330(62%),
drop below 2330 then 2275 and retest of 2180 or lower 2135-2100 or even up to 2050.

Summary= 2180-2640=A or 4th, now in 2640-??=B , watch for price support 2415-2400 or upto 2360-2330, below here then likely it's the 5th wave... for a retest to 2180 or lower.


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