03/01/2015

SP500 Jan 2

Month. This trend is unchanged by Dec close. The blue 8 MA is steadily up and will stop any drop - if the price falls below a rising 8 MA it will jump back up again.


Month line. No signs of weakness yet.






Week. If 2055 cannot be taken back and held then a drop to the green 21 MA is possible




Day dot.Closed exactly on .R/S line 2053. The low between the double tops is 2053 as well so here comes a test from above. The 21 MA is falling and does not give support.

2 hr. The last 8 hours the price 2055 has been traded and will continue Monday.

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