- Daily chart shows Friday's up move getting resisted at 50% Fib level. 50 Day SMA too is acting as resistance, Bulls were unable to make a close above 50 Day SMA.
- Weekly chart still shows hope for bulls to move up towards the upper resistance line of the triangle provided price stays above 13.5 levels.
- Weakness on price trading below 13.3 - 13.5 level.
- S&P 500 WEEKEND UPDATE
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