S&P500 Expert Lounge Update – February 21, 2017

Good morning everyone,

These are key timing for today: 11:00AMEST, 3:00PMEST

These are key MA levels:  5EMA 2352, 10DMA 2334,  20DMA 2311  50DMA 2283, 100DMA 2224, 200DMA 2178

These are key Fib Levels: 2380, 2355, 2335, 2323

These are key primary and intermediate: 2275(intermediate minor), 2254(intermediate minor)

Here is today's market look at the S&P 500 for Tuesday, February 21, 2017

With the red MSP tracking quite well up to this point odds are on a rather flat day overall.  Data is light today with only the PMI Manufacturing Index at 9:45AMEST.

MSP

While new all time highs are expected during regular trading hours, watch for broken rising support to turn into broadening resistance going forward with little in the way of support until reaching the 2345 area on any decline.

Primary and Intermediate Levels

 

 

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