- Major support -2060 (Trend line joining 1870 and 2003)
- S&P 500 has made a high of 2096 yesterday and started to retreat from that level. Overall trend is still weak as long as resistance 2108 holds.
- On the lower side break below 2060 confirms major weakness a decline till 2040/2020/2000 is possible can be seen if it breaks above 2108 and break above targets 2120/2137.
It is good to sell below 2060 with SL around 2102 for the TP of 2002/1880.
