SPX500: Blueprints 1.
Updated
The S&P500 has broken out its ascending channel, it has been caught up into since October. It has flirted with the 2045 support level, which breaking out will send it towards 2021.
Any eventual inversion will send it back towards 2074, with 2065.9 as a primary objective.
The daily Pivot Point is around 2064.3. The daily support levels are around 2032.1 and 2009.2. The daily resistance levels 2087.2 and 2119.4.
Any eventual inversion will send it back towards 2074, with 2065.9 as a primary objective.
The daily Pivot Point is around 2064.3. The daily support levels are around 2032.1 and 2009.2. The daily resistance levels 2087.2 and 2119.4.
Note
The SPX500 bounced back, and entered a bullish market, after the NFP report, last Friday. It is on the track towards 2100, a critical level it has visited many times last month. Breaking out 2100 will send it back to 2127.6. Failing to do so will send it back to 2079.5
The daily Pivot Point is around 2077.46. The daily support levels are around 2060.33 and 2031.76. The daily resistance levels 2106.53 and 2123.16
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