Re: S&P 500 (SPX) next move? ..... *LINK*
... After a gradual decline for a week, SPX plunged on Friday (ca. -1.5%) closing @1630.74. A trading range is possible for this week (between 1628 -87).
However, if a daily bar closes below 1628, a downtrend is considered; with a possible target 1600.
As usual the market rules!
See ESM13's action on Friday:
http://youtu.be/nFX8zaxnpq8
J.