S&P Failed to Breakout

By December 15, 2014 Market Analysis No Comments

S&P after hitting 2079 (one of the targets mentioned earlier) on Friday, December 5th failed to breakout for the target range of 2093-2099.

Rather it took a detour and on Friday, December 12th S&P closed at 2002.33.

The weekly support for S&P is at 1998.

There is high probability that 1998 level will hold.

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