SPX (S&P 500), Daily Chart Analysis 12/28
Updated
Technical Analysis and Outlook
Currently, we have Inner Index Dip 2382 and Outer Index Dip 2350 completed. The very strategic Key Resistance 2585 level is found, while there is Major Key Support 2350 level established to be revisited in near-term. This index price action will develop very swiftly. See 'Indices Market' tab for full Market Commentary.
Currently, we have Inner Index Dip 2382 and Outer Index Dip 2350 completed. The very strategic Key Resistance 2585 level is found, while there is Major Key Support 2350 level established to be revisited in near-term. This index price action will develop very swiftly. See 'Indices Market' tab for full Market Commentary.
Note
Minor correction: The S&P500 index entered official bear market territory on Monday (Dec 24).Note
The Markets will finish the 2018 year in an up note, however, not very likely more than enough to push out a winning year, quarter, or the month. As we start on a new voyage all around our sun-star, I wish you all happy journey.
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