$SPX Target of 2,144.67. $SPY

Short term keep an eye here on SPX 2123.47 and the ES-mini 2120.35. Some resistance could be coming into play at these Fibonacci zones in the coming days.  Further out and higher up keep an eye on the $SPX 2144.67 for a test of a very hard resistance area. This is potentially an area that we will move up to as long as 2114 can hold as support. However, it will be a huge hurdle for the markets to cross above 2144.67  without any pause or pullback, but that will be analyzed when the time comes. For now all smiles and push to 2144.67 should be path of least resistance.

 

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s