Monday, September 19, 2011

S&P 500 ~ EOD Update ~ 19 September 2011

On Friday the SPX finally broke the 1204-08 resistance area but already at the open today we were back below it. The market declined down to the 1190ish support level, bounced there and closed at 1204:

Nothing has changed actually. Support levels remain at 1190ish, 1140ish and 1120ish and resistance areas at 1204-08, 1230ish and 1260ish.