Good morning everyone,
These are key MA levels: 5EMA 2779, 10DMA 2775, 20DMA 2749, 50DMA 2705, 100DMA 2707, 200DMA 2657
These are key Fib Levels: 2749, 2733
Here is today's market look at the S&P 500 for Tuesday, June 19, 2018
Data is light today with only the Feds Redbook at 8:55AMEST. Sellers showed up en masse during the overnight session as price is currently set to open up down near rising support and the 20DMA. A failure there opens the door to at least the next primary minor level at 2732 if not a full on run at the 100DMA and intermediate minor level at 2710. Buyers will be looking to put a floor under price at the 20DMA and rising support to prevent any technical damage and ideally work on building a base with their new intermediate pivot marker in place for another shot at declining resistance currently working its way through the upper 2760's. Good luck today!