Weekend Analysis

(6/6/15)

The S&P 500 has been rather choppy the past few weeks and held support on Friday along a short term upward trend line (purple) from the low made in March.  If this trend line fails to hold this coming week the all important 125 Day Moving Average (green line) resides at the 2077 level.  Furthermore if the 125 Day MA doesn't hold the next support area appears to be at the 200 Day Moving Average (blue line) at 2045.  

 

 

 

 

Amateur Investors