SP500 Sept 12, 2014. First look carefully at the long term charts. With this always in your head you know exactly where we are and if there is a risk for trend change. The trend from 2011, now three years, is still strong. Month and week charts tell us that. The short trend suggests that the sideways trend might be over in this coming week

Month

Week

Day

6 hr. Trend is down. The 50 MA, equal to 13 days MA, and the close below 989 will probably start to take back and hold 989. But if it falls further below last support line, there is 955 next.

2 hr