19 May 2015 - Maybe A Needed Rest

After a few days of lack luster move to the upside, prices might be in need of some RNR before another push higher.  So a pull back is not out of the ordinary which is what is showing on the intra-day charts.  Watch the potential wedge formation which could give the SPX a support in around the 2120 level.  A break of this level does not guarantee a fall but it would be something to watch intently if it does.

MT: UP
ST: UP
PA: NA