SPX Rallies To Two-Year Trend Line
May 19, 2018 at 17:19 PM EDT
SPX rallied up to its 2-year trendline at 2740.00 on Monday, but declined to a 7-year trendline and Intermediate-term support at 2700.00 at the end of the week. It has the potential of creating a sell signal by declining beneath 2700.00 next week.