S&P Resistance and Breakout

By December 7, 2014 Market Analysis No Comments

S&P crossed 2079 (hit 2079.47) on Friday, October 5th but then it failed to close above 2079 and pulled back to 2075.37 which is its closing high.

S&P will try again to conquer 2079.

After 2079 there is another major resistance zone coming up which is 2093-2099.

If S&P closes above 2099 then it will breakout for target of 2120-2125.

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