S&P 500 Index

Looking at daily S/R (Support & Resistance Price Levels), a close this week over $2,813 would be major progress in the continuation of Upward momentum. This area is on the Daily, Weekly, and Monthly Bullish Reversal Price Levels. This is textbook (classic) channel and/or Breakout trend following strategy.

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A Bearish Price Reversal on the daily is at $2,783.

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The market will tell what it wants to do.

Author: Trendanomics

Trend following the markets with simple trend following strategies.

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