Well we got the test of the last SPX low that I've been looking for, but we haven't seen that low broken yet, and the RSI setup on the 15min and 60min charts looks promising for a bounce so we'll see. On the daily chart SPX found some support at the 50DMA and closed above the 1335 IHS neckline again. That neckline has now been tested so many times that I'm inclined to write the IHS off altogether, but at the least it is obviously a very strong support level. If we see more downside the lower bollinger band and the 200DMA are at 1320 and 1315 respectively:
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