Technical Analysis and Outlook
The SPX index is continuously moving steadily to higher towards our inner Index Rally 2840, while a weak standing Key Res 2814 is prone to be retested in the next day or so, while next inner Index Rally showed up at 2880.
On the downside, there is a newly created intermediate Mean Sup 2775, established Mean Sup 2747 and Key Sup 2706. (For latest Market Commentary, please visit the TradingSig_dot_com).
The SPX index is continuously moving steadily to higher towards our inner Index Rally 2840, while a weak standing Key Res 2814 is prone to be retested in the next day or so, while next inner Index Rally showed up at 2880.
On the downside, there is a newly created intermediate Mean Sup 2775, established Mean Sup 2747 and Key Sup 2706. (For latest Market Commentary, please visit the TradingSig_dot_com).