S&P500: Taking a breath or inverting?
The S&P500 closed yesterday in the red after a strong rally that has sent it to highs never seen since two months. The S&P500 is still bullish as long as earnings are not missing estimates. It will have 2085.96 as an objective, should it breakout 2075.14, with 2066.53 as a support level.
The Benchmark will have 2062.37 as an objective, should it breakout 2066.53.
The daily Pivot Point 2070.61. The daily support levels are around 2067.08 and 2063. The daily resistance levels are around 2074.69 and 2078.22.
The Benchmark will have 2062.37 as an objective, should it breakout 2066.53.
The daily Pivot Point 2070.61. The daily support levels are around 2067.08 and 2063. The daily resistance levels are around 2074.69 and 2078.22.
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