Market Overview

Technical Forecast for S&P

Technical Forecast for S&P


S&P retested the 1591/93 all time high & came to a halt to form a short term bearish double top. As long as we hold below here targets are 1577 then 1569/67. Here we should bottom out at this stage.
We need stops on shorts from all time highs at 1591/93 on a break out above 1597 for 1606/07 then 1615/16 upside targets.

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