Wednesday, April 30, 2014

S&P 500 ~ EOD ~ 30 April 2014

The SPX is now right at the resistance level:


A break should lead to a rally to 1900+.



Author: Patrick Eugster

Tuesday, April 29, 2014

S&P 500 ~ Intraday ~ 29 April 2014

The SPX declined almost to the support level at 1845-50ish:


As long as this level holds, the trend remains up. If 1884ish breaks, a rally to 1900+ is very likely.



Author: Patrick Eugster

Wednesday, April 23, 2014

S&P 500 ~ EOD ~ 23 April 2014


The SPX turned at the resistance at 1884ish and is now approaching the support at 1872ish. If it holds, we should see 1884ish again and then new highs. If it breaks, a decline to 1845ish is likely.


Author: Patrick Eugster