SPX 30-Minute Chart; 8 MA and 34 MA Cross; Sideways Channel thru 1457-1466

Watch the 8 and 34 MA cross. The bulls are driving this bus to start the week but note the 8 MA is already moving down towards the 34 MA and considering the weak futures, the bears may wrestle back control shortly after the open.  The blue lines highlight the current SPX S/R levels, the darker blue lines are more important shown as bold in this list; 1479, 1478, 1476, 1475, 1472, 1468, 1466, 1465, 1460, 1457, 1453, 1448, 1446, 1444, 1441, 1440, 1438, 1435, 1433, 1431, 1429, 1427 and 1424. Any price move from the sideways pink channel at 1457-1466 is important. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.