S&P 500 Index approached and testing the key level of 2735, which is being monitored by our Intraday, Aggressive Models. The index has registered the session’s high at 2732.91 and is hovering around 2730 as we write this (@ 2:10pm EDT).
Intraday Models indicate selling short on a failure here and if the index breaks through below 2715 during the day.
For further details on the trading plans of the different models, please click here for the daily forecast OR here for this morning’s intraday update on the models’ positions.
Patience is advocated until the key levels are broken decisively to the upside or to the downside.
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