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So far, 1809-1810 has been supporting the current price action, so we'll see if any moves are made to 1800. The daily chart has pretty well-validated rising channel that starts in June of 2013.
S&P 500 Daily Chart
Friday, February 14, 2014
2/13/2014
Thursday saw around a 10 point net gain on the S&P 500, closing at 1829. It's above the high of the week, but resistance still remains at 1830. If that breaks, I think we're going to try to get above 1850
.
So far, 1809-1810 has been supporting the current price action, so we'll see if any moves are made to 1800. The daily chart has pretty well-validated rising channel that starts in June of 2013.
Friday's have been somewhat dynamic lately so we will see if that trend continues. I wouldn't be surprised, though, if Friday just stayed in the current range.
.
So far, 1809-1810 has been supporting the current price action, so we'll see if any moves are made to 1800. The daily chart has pretty well-validated rising channel that starts in June of 2013.
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