This weekly picture shows why SPX may have been supported in the last few weeks.
SPX is still supported by the key trendlines coming from Mar09 and Aug11.
It is becoming clear that the impulsions on support zone are getting less and less powerful.
The time is counted before a significant drop that time starting on the 20th June 2015 at the latest.
Last resort support/pivot: 2040 in daily/weekly close.
Trading: running short and will take profit at 2040ish.
