S&P 500: Guideposts Nearby On Multiple Timeframes
November 24, 2015 at 21:30 PM EST
If the S&P 500 is to rally for several months and go on to make significant higher highs, it has to clear and hold above 2093, which is the R1 line shown in the chart below. The S&P 500 closed at 2089 on Tuesday, November 24.