The S&P has hit a Key Resistance Line.
Watch for prices to drop down to the mid level Support at the 2440 level where it could find strong support for a move upward. If it breaks through this level look for prices to drop further down to the 2200 level where it should find very strong support. Watch out for the profit takers to come in for the dead cat bounce, bottom at 2140.
See target dates posted on the chart.
Watch for prices to drop down to the mid level Support at the 2440 level where it could find strong support for a move upward. If it breaks through this level look for prices to drop further down to the 2200 level where it should find very strong support. Watch out for the profit takers to come in for the dead cat bounce, bottom at 2140.
See target dates posted on the chart.