2/22/2017: sp500 key levels update

A series of important levels to watch for trading decision(especially for the downside trade).

• current high: 2366.71
• recent consolidation low: 2358
• last gap start level: 2355
• last gap up gap level: 2351.22
• last consolidation low: 2339.5
• The 2/13 consolidation box high: 2330.5, box low: 2321.5
• 2/13 gap up gap level: 2316
• 2/10 gap up gap level: 2307
• break out level: 2300.99

http://schrts.co/Qg13Da

All these levels are key levels for the downside trade. Following are some examples:

• if price break down 2358, it will go to 2355, if break down 2355, it will go to 2351.22
• if price break out 2366.71, the measured move will be 2374.71

Remember all levels now act as supports, later can act as resistances if price below them. If any support gets hold up, it can be a buy level for upside trade; if any resistance gets hold up, it can be a short level for downside trade.