S&P 500 Support, Resistance & Break-out Prices
This weekend’s look is at the S&P 500 short-term trading window includes looks at support, resistance and potential break-out price points.
Our primary interest is in identifying price support, resistance and break-out points for this market for the short-term only.
To learn more about what the above chart means, visit the lower section of this post.
Here’s a chart with projections for highly likely support & resistance price areas for the S&P 500.
There are also some other expected shorter-term support and resistance price points to watch as well. Here’s a chart showing those:
I’ll be posting several more charts in this series without e-mailing individual notices to members in order to keep e-mail traffic down. I certainly don’t want to appear ‘spammy’ from too many e-mails to members.
So, for this series of posts it would be easier to just stop by to see what’s been posted each day for the next several days if you can.
Thanks for viewing. – George