Replies to post #16109 on CHARTS_CCI_SYSTEM

[dindindon]

11/28/15 SPX weekend

review
- 11/22/15 SPX weekend
- supports 2079 +/-, 2072 +/-, 2068 +/-
- in case reversal takes place before 2103,
- then gives weight for "jogging" within two possible trend lines

status
Bear defended the resistance point 2097.06 (0.809)
The pullback came closer to the projection point 2068+/-, more precisely speaking, to the lower point of Zone 1 2069.93-2130.46. See this chart posted on last weekend.

outlook
As long as index stays above 2069.93 (zone 1 2069.93-2130.46), bulls gain the upper hand.