S&P500 (H17) Mid-day Analysis 04 January 2017

Further Advance

Our Pivot: 2239.1

Our Preference: Buy above 2250.6. with strict stop loss of 2239.1 and target at 2260.7 and 2269.0.

Alternate Scenario: Downward penetration of 2239.1 will call for 2227.8.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: