Thursday, January 30, 2014

S&P 500 ~ EOD ~ 30 January 2014

The  SPX rallied once again today after touching the support level at 1774ish for a second time yesterday. We also broke the resistance level at 1794. Hence, as long as this level holds, we should aim for 1814ish:

The green circles show the FOMC fractal I talked about yesterday. So far, this looks pretty good.

Author: Patrick Eugster