S&P500: Visiting 1993.11...
The S&P500 fell for the second consecutive session, closing at 1994.24. The bad Jobs Report added up to the bad retail sales report, rendering the outlook more gloomy.
Breaking out 1993.11 will send it to 1977.62, with 1984.61 as a primary objective.
The benchmark will have 2003.8 as a resistance level, today. Breaking out 2009 will send it to 2014.
The daily Pivot Point is around 1998.17. The daily support levels 1986.79 and 1979.34. The daily resistance levels are around 2005.62 and 2017.
Breaking out 1993.11 will send it to 1977.62, with 1984.61 as a primary objective.
The benchmark will have 2003.8 as a resistance level, today. Breaking out 2009 will send it to 2014.
The daily Pivot Point is around 1998.17. The daily support levels 1986.79 and 1979.34. The daily resistance levels are around 2005.62 and 2017.
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