S&P 500 is approaching the key 1475 level

S&P 500 is approaching the key 1475 level - MarketWatch

In the aftermath of the March 2009 low at 666.79, a series of higher highs and higher lows have emerged, and the ability of the SPX to claw its way above 1475.51 is critical to the preservation and continuation of this dominant post-2009 uptrend.

Notwithstanding the fact that the SPX is „only” a handful of points from doing so, fulfilling that task will confirm that the dominant uptrend is intact and still dominant. It also will trigger a new upside target zone of 1550 to 1570.

via S&P 500 is approaching the key 1475 level – MarketWatch.

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