S&P500 Expert Lounge Update –July 13, 2016

Good morning everyone,

These are key timing for today: 12:30AMEST

These are key MA levels:  5EMA 2134, 10DMA 2117, 20DMA 2092, 50DMA 2084

These are key Fib Levels:  2137, 2144, 2157

These are key primary and intermediate levels:  2130(minor), 2126(primary major), 2116(major)

Here is today's market look at the S&P 500 for Wednesday, 13 July,  2016

HAL still remains short with the option to add if price closes above 2150ES.  Data wise we have the EIA Petroleum Status Report along with the Atlanta Fed Business Inflation Report at 10:00AMEST and the Beige Book at 2:00PMEST.  Cycles we have an End on the 480 chart and are working on unwinding new impulses on the RSI cycles.  Good luck today!

MSP

MSP

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