$SPX support & resistance analysis by an old timer I have read for more than 16 years at various locations, values as of Friday a.m. December 21, 2018 - quarterly options expiration day
Larry Tomlinson @mrktlarry 17 hours ago
12/21, critical day,
using regression channel analysis from the March 2009 low to the February 2016 low data
$SPX support today is at 2474 close.
So, either a major bottom or we are crashing.
Daily support 2446/2430 resistance 2489/2505 ================================
pullback lows by /ES S&P 500 futures of interest since June 2018:
2409.25 - December 21 very late day 2441.50 - mid day 2476.25 - December 20 morning globex session 2489.50 - December 19 day session 2531.00 - December 18 late day 2533.xx - December 17 late day
* the sharp decline lower started after October 5 and continued into October 26, 2018
2712.25 - in week ended October 12 2873.25 - October 5 late day 2887.75 - October 4 mid-day 2865.00 - September 7 a.m. 2877.50 - September 5 2885.50 - September 4 2891.75 - August 31 2876.75 - low in week ended August 31 2850.00 2831.00's 2803.00 2791 August low 2790 late July low 2788 to 2767 = the often tested horizontal support zone in June to July 2018
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