The 21d ema seems to be important.
Just back on 21d ema which aslo happens to coincide with the previous tops of 2013 and 2014.
Note: on the 6th of October 2014, there was a large pull back to the 21d ema which looks like a possible propulsion. 10days later, SPX was in ultra intense posture close to 1800.
Convesely: breaking below 17 and even more below 15.50 would be very bullish.
Just back on 21d ema which aslo happens to coincide with the previous tops of 2013 and 2014.
Note: on the 6th of October 2014, there was a large pull back to the 21d ema which looks like a possible propulsion. 10days later, SPX was in ultra intense posture close to 1800.
Convesely: breaking below 17 and even more below 15.50 would be very bullish.