SPX Outlook week of 05/12
SPX 4100 remains the major flip point. Above 4100 we can see 4145-4150 and above that maybe test the daily resistance at 4200.
With that in mind, it could get VERY ugly under 4100. A drop to 4000-3950 could occur if it doesn't hold.
Good luck.
With that in mind, it could get VERY ugly under 4100. A drop to 4000-3950 could occur if it doesn't hold.
Good luck.
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