Below are three charts highlighting three distinct time frames – long-term, intermediate-term and short-term. The intermediate and short-term charts share the same KRAs (potential support/resistance areas). The long term chart illustrates that the bull trend of the S&P is far from being threatened at this time.

The 120m chart of the S&P illustrates the recent price/Breadth pattern, and the title=”More…” src=”” alt=”” /> importance to that pattern of the 1630-1622 level.