S&P500 Daily Chart @ Close 06/29/2015 |
Support @ 2034 beckons in defining the extent of the potential damage as YTD #'s move back into Negative Territory with multiple 'crises' closing in on Risk Assets.
Below 2034 & 2014 (38.2% retrace of gains since 1820) beckons before 1940 (61.8%) which keeps the whole 'shebang' alive Medium- Term.