Wishing all of you a great trading month in September!
Since we start a new month, I thought a monthly chart of SP 500 would be appropriate for longer term view.
My overall stance is leaning towards the bear camp.
I think that 1000-1017 are is very important support and if we break below it can accelerate selling towards 941 level very fast. On the other hand as long as that support holds the market will trade in a wide range between the 1000 level and 1115 area.
SP – Standard & Poor’s 500-Pit (S&P 500), Monthly COntinuation
