S&P 500 Daily Forecast Feb 24 2015

Outlook in S&P 500 index remains on the upside as long as support 2063/2086 holds on a daily closing basis , resistance comes at the 2115 levels , a halt is likely , but a break would open 2146 next , further upside will aim the 2169 levels..

On the downside , support comes at the 2086 levels ahead of the 2063 levels (main) , losing this level will turn outlook neutral for retesting the 2025/1980 levels before the next rise.

In all, as long as support 2063/2086 holds on a daily closing basis , outlook in S&P 500 index remains on the upside towards the 2115 levels ahead of the 2146 levels, below the 2063 will bring a corrective pullback towards the 2025/1980 levels before the next rise.

 

S&P 500 Daily Forecast Feb 24 2015

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