A retracement of the advance from 978 up to 1039 is in progress.
Key levels to watch in SPX:
Horizontal support/ resistance: 1014, 1004, 991, 987, 979
Fibs: 1016, 1008, 1002, 991, 978
Fibs chart
Horizontals:
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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