What we have talked about for Dow Jones seems
to be clearer on the SP 500, which is steadily trading above the 200-day
average with a clear increase in liquidity on the index even before the opening
of the New York Stock Exchange as if Asian traders had decided to take a seat
in the US
Technically trading remains above the 200-day
average with strong support at 2845 giving the index a good opportunity to rise
to 2896 again, the first resistance level
Trading Recommendation
Buy the index from current levels 2786
Stop loss (must be strictly adhered to during
that period) 2838.59
Take Profit 2838
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