Profit taking continued today, especially near the end of the day
Resistances strengthened today as it even dropped below 1800 but managed to close slightly above it
Watch S&P 500 @ 1800 tomorrow as it tests the support's strength
Trading
S&P 500 will be riskier as the very important support 1800 is
broken & unstable, although it might just be oversold
S&P 500 will probably rebound @ 1800 but face a lot of strong resistances & can drop sharply again anytime
Look to buy S&P 500 @ 1800 if it stays above, sell @ 1806, 1808 & 1810 (strongest resistance) if it stays below & drops tomorrow
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