SP500 US close Wednesday. Now the big battle has started. As I said the target is 1.689 for the index which must be held otherwise a test of 1.655 will come very soon. SP500 reached 1.687:18, less than 2 points from the target but that was not enough. The index dived on downside but closed at 1.655.35. Now the trading range has to be set between 655 and 689 until one of them breaks - on up or downside and it will start at 00:00. There are things that points to the upside but also to the downside. There is no time limit. A break below 655 will send SP500 down to 634 again. All the other indexes will follow SP500 close now, and so will I .

SP500 week US close

SP500 day US close

SP500 2 hr US close. See the 8, 21 and 34 MA prepared to cross on downside unless a very strong robot rally takes the index up these line fast. The range is between the two horizontal lines.

SP500 15 min US close