09/08/15 SPX After close
09/07/15 SPX, a morphing pattern
SPX index closed above the upward breakout point 1962.82 +/-. The real test is the resistance 1969.28/0.382. Pumps a bit, bull will make the 2nd attempt on the old battle zone 1994-2019, 2032/2033. The first attempt on 1994 was a failure on 08/28, it breached 1993.48. Now, support is near 1960. since Bull has gained some "positive score", to be short term bearish, the pivot moves down to around 1894.78, some technicians say 1890. not much difference.