Showing posts with label Update. Show all posts
Showing posts with label Update. Show all posts

Thursday, February 20, 2014

Epic Research Singapore : U.S Market Update

The Standard & Poor’s 500 Index put on a furious 100-point rally from Feb. 3 through this morning’s highs. 
Technically, the S&P 500 Index SPX -0.65%  should find support near 1,810 (line drawn on the chart below). Also, there is support at the February lows, of course — at 1,740 or so. However, if the market declines far enough to test that support, it will involve a fairly large correction.
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