S&P 500 Bounces off Bullish Support Line on P&F Chart

With a big surge above 1350 today, the S&P 500 reversed its falling O-Column and started a rising X-Column on the P&F chart. This reversal creates support from the prior two O-Columns and the rising Bullish Support Line (blue). A move below 1320 would break these supports and turn this chart bearish.

120726spxpnf


Click this image for a live chart

 Previous Article Next Article