Predicting the S&P 500 has not been a Herculean Task.....
If you have watched and followed blog meticulously......
If you have not ... then its time to dig in it......
Major levels for index are 2060.55 and 2017.88...
Above zone is a neutral zone..... seen in recent past.....
This zone has been profitable for those who trade the Binary Options.....
last reaction is at the top of this zone.....
Unless we break out of this zone ..... we may meander here....
Momentum can be seen on the upside above 2075.04......
Deterioration can be seen further below the level of 2017.88....
Below 2060.55 sideways to down trend may continue......
Level to watch on downside is 2046.06 for 26/01/2015....
Breaching this level we may see further weakness on the index.....
Happy Trading !!!
Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......
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