S&P 500 INDEX made a bullish breakout, further price rise can be seen in coming days.

S&P 500 INDEX

Charts updated for - 20th February 2015.

• Index has made a bullish breakout, chart indicates as long as S&P 500 Index holds above 2093 bulls will be favored and further price rise can be seen in coming days.
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S&P 500 INDEX forecast - Index finding strong trend line resistance around 2093.

S&P 500 INDEX

Charts updated for - 16th February 2015.

• Index finding strong trend line resistance around 2093, technical chart indicates further price rise can be seen in S&P 500 once it holds above 2093.
• If Index fails to close above then can see some correction. Close Watch.
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S&P 500 INDEX in on bull move will now test strong resistance around 2093.

S&P 500 INDEX

Charts updated for - 13th February 2015.

• Index has showed strong bull move after breaking its strong trend line resistance zone, further strength is expecting.
• S&P 500 Index also trading above its triangle formation this too will favor bulls.
• Close Watch index will now test its next strong resistance around 2093, technical indicates that once it closes and holds above 2093 then further strength can be seen.
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S&P 500 INDEX coming down from strong trend line resistance zone @ 2073. Further weakness expecting in coming days.

S&P 500 INDEX

Charts updated for - 12th February 2015.

• Index failed to close above its strong trend line and coming down from its resistance zone @ 2073, chart indicates as long as it holds below its resistance zone bears will be favored.
• If S&P 500 index closes and holds above 2073 then further price rise can be seen in coming days, till then careful with buy positions.
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S&P 500 Index now trading above its Triangle Formation, bulls will be favored once closes above its trend line resistance.

S&P 500 INDEX

• Index has now closed and holding above its triangle formation, this indicates bulls will be favored.
• S&P 500 Index is now finding strong trend line resistance around 2065 and 2093 once it closes and holds above its trend line resistance then further price rise can be seen in coming days.
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S&P 500 INDEX has formed triangle formation in daily chart, sharp movement expecting once it comes out from its formation.

S&P 500 INDEX

• Index has formed triangle formation in daily chart, sharp movement expecting once it comes out from its pattern.
• S&P 500 Index is currently moving up from strong trend line support zone @ 1980, as long as holds above bulls will be favored.
• Index also holding above 200 DMA, this indicates bulls will be favored.
• Close watch as per line analysis, Index will find strong resistance around 2050, 2065 & 2093. Once it closes and holds above its resistance then further price rise can be seen in coming days.
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