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Strategies & Market Trends : E-Wave and TA Workspace
$SPX 2,659.99+0.3%Dec 11 4:47 PM ESTNews

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From: Henry J Costanzo8/19/2017 1:59:04 PM
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SPX TA:

The advance early last week was decisively rejected at the overhead horizontal resistance area around 2465ish and the resulting pullback...to 2440ish... extended well into the next horizontal support area..


The coming week may potentially find support at the more moderate decelerating uptrend from April, but if that should fail to hold, the next indicated effective support area would appear to extend down to around 2400ish.
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