the daily chartist

S&P500 recap for 21.09.2015

published 5 years ago
S&P500 Daily

 S&P500 is still in the range hell. For 21.09 the future's price opened at 1985.4, made a high at 1991.8, dropped low to 1950.5 and closed at 1956. Still 1940 is a very strong support zone and every time bears are lured in, the bulls charge them and push the price back up. The miss on the US data yesterday made that drop to accelerate. The price will test again that level and if the bulls give up, the price may finally resume its movement down to a more deeper levels to 1900. 1985.3 on the tops side remains strong resistance.