- Month Time frame continues to look strong. The long term structure will show weakness only if price falls back into the Range between 1800 - 2134. So weakness can be confirmed only on a Month close below 2134 levels.
- Weekly weakness after the Negative Divergence. More weakness below 2191 levels.
- Daily Time frame shows price below 20 Day SMA. But price continues to stay above 50 and 200 Day SMA. CRUDE Oil support and resistance levels
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 31, 2016
S&P 500 End of Year Charts
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