SPX Nears Key Support

NFTRH & Biiwii's Unique Market Perspectives • Aug 12, 2015 at 12:47 PM EDT

Dialing out from the short-term Sym-Tri micro management, this is where the story will be told. If SPX can bounce here and reverse the lower low to the late July low, the sideways dirge continues.

Dialing out from the short-term Sym-Tri micro management, this is where the story will be told. If SPX can bounce here and reverse the lower low to the late July low (and Sym-Tri break), the sideways dirge continues.

If it makes and holds a lower low it is probably going to 1970 or so, which would be a routine correction. Lot’s of other potentials beyond the short-term, but why manage those now? There are bullish ones and bearish ones. First, this thing has not even corrected yet, really. Support noted below is a key on that.

spx

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