SPX ~ Weekend Update

The SPX remains in a primary uptrend although the monthly trend is down. I would expect a continuation of the uptrend as long as the SPX holds support at key yearly and quarterly pivot levels at YR1 @ 2825 and QS @ 2789. Short and medium term resistance is at the YR @ 2895 and MTFZ~S @ 2940/2949. A word of caution, any sustained drop below the QS @ 2789 or the June low of 2729 would be cause for concern.

For the time being I have eliminated the short term weekly pivot zones while I consider a change in format. Be assured I will continue my devotion to the Pivot Zones. Good Luck & Trade Safe.