SPX S&P 500 Support, Resistance (S/R), Moving Averages and Other Important Levels for Trading the Week of 11/2/15

SPX (S&P 500) support, resistance (S/R), moving averages and other important levels are provided for trading the week of 10/19/15. Levels shown in bold are strong resistance and support. Bold and underlined levels are very strong and important S/R. The SPX all-time intraday high is 2134.72 on 5/20/15 and the SPX all-time closing high is 2130.82 on 5/21/15. The intraday low for this year is 1867.01 on 8/24/15. The closing low for this year is 1867.61 on 8/25/15.

For Monday, with the SPX starting at 2079, the bears only need a tiny smidge of negativity in the S&P futures and the SPX will accelerate lower after the opening bell to begin the week. The bulls need to push above 2094 to regain their mojo and immediately catapult price above 2100. A move through 2080-2093 is sideways action for Monday. The SPX will need to back kiss the 200-day MA at 2062, 20-day MA at 2034 and 50-day MA at 1980 at some point forward. The gauntlet of support at the 2058-2062 area may act like a magnet drawing price lower for a test.

Price ended last week sitting at the 2079 support. Last week's low came down to kiss the starting year number at 2059 and bounced. If the bulls break up through the strong 2081 resistance, price will travel to the 2091-2094 to test this resistance area and decide if 2100+ will be on tap, or not. If the bears push under 2079, a test of 2076 is next then 2071 then 2067. If 2067 fails, the large support gauntlet at 2058-2061 will be tested. If this fails, 2056 is next which then sets up the major support test at 2050-2052. This level is very critical. If 2050-2052 fails, stocks will fall like a rock in a potential crash profile like August.

Looking at the big picture the strongest S/R is 2110, 2102-2103, 2099-2100, 2093, 2091, 2081, 2079, 2076, 2071, 2067, 2061, 2056, 2046, 2040, 2032, 2019, 2011, 2002, 1985-1988, 1978, 1973, 1965, 961, 1951, 1942, 1924, 1897, 1884, 1878, 1874, 1872, 1848, 1841, 1808 and 1803. Note the air pockets between 1872 and 1848 and between 1841 and 1808.

2135 (5/20/15 All-Time Intraday High: 2134.72)

2133 (7/20/15 Intraday High 2132.82)

2131 (5/21/15 All-Time Closing High: 2130.82)

2130 (6/22/15 Intraday High 2129.87)

2129

2128 (7/20/15 Closing High 2128.28)

2126 (4/27/15 Intraday High: 2125.92)

2124 (6/23/15 closing High: 2124.20)

2123

2121 (4/24/15 Intraday High: 2120.92)

2120 (2/25/15 Intraday High: 2119.59)

2118 (4/24/15 Closing High: 2117.69)

2117 (3/2/15 Closing High: 2117.39)

2114

2110

2109

2108

2107

2105

2104

2103

2102

2100

2099

2097

2094.32 Previous Week’s High

2094.32 Friday HOD

2094 (12/29/14 Intraday High: 2093.55)

2093

2091 (12/29/14 Closing High: 2090.57)

2089

2086

2084

2081

2080

2079.36 November Begins Here

2079.36 Friday Close – Monday Starts Here

2079.34 Friday LOD

2079 (12/5/14 Intraday High: 2079.47)

2076 (11/28/14 Intraday High: 2075.76)

2075 (12/5/14 Closing High: 2075.37)

2073 (11/26/14 Closing High: 2072.83)

2072

2071 (11/21/14 Intraday High: 2071.46)

2069

2067

2065

2063

2061.59 (200-day MA)

2061.26 (50-week MA)

2061

2058.90 Trading for 2015 Begins Here

2058.84 Previous Week’s Low

2058.47 (150-day MA; the Slope is a Keystone Cyclical Signal)

2058

2057

2056 (11/18/14 Intraday High: 2056.08)

2053

2052.10 (12-month MA; a Keystone Cyclical Signal) (the cliff)

2050

2049.88 (10-month MA)

2049

2046 (11/13/14 Intraday High: 2046.18)

2041

2040

2038

2036.82 (100-day MA)

2036.47 (20-week MA)

2034

2033.53 (20-day MA)

2032

2030

2024

2023

2022.87 (200 EMA on 60-Minute Chart a Keystone Market Turn Signal)

2021

2019 (9/19/14 Intraday High: 2019.26)

2018

2011 (9/18/14 Closing High: 2011.36) (9/4/14 Intraday High: 2011.17)

2009.49 (20-month MA)

2007 (9/5/14 Closing High: 2007.71)

2005 (8/26/14 Intraday High: 2005.04)

2003 (8/29/14 Closing High: 2003.37)

2002

2001

1999

1998

1997

1995

1993 (1/15/15 Closing Low: 1992.67)

1991 (7/24/14 Intraday Top: 1991.39)

1988 (7/24/14 Closing High: 1987.98)

1986 (7/3/14 Intraday Top: 1985.59)

1985 (7/3/14 Closing High: 1985.44)

1983.58 (100-week MA)

1983

1982

1981 (2/2/15 Intraday Low: 1980.90)

1980

1979.98 (50-day MA)

1979

1978

1976

1973

1970

1968 (6/24/14 Intraday Top: 1968.17)

1965

1964

1963 (6/20/14 Closing High: 1962.87)

1961

1958

1956 (6/9/14 Intraday Top: 1955.55)

1951 (6/9/14 Closing High: 1951.27)

1949

1948

1943

1942

1937

1936

1931

1929

1928

1924 (5/30/14 Intraday Top: 1924.03) (5/13/14 Closing High: 1923.57)

1920

1917

1912

1910

1906

1902 (5/13/14 Intraday Top: 1902.17)

1901

1897 (5/13/14 Closing High: 1897.45) (4/4/14 Intraday Top: 1897.28)

1891 (4/2/14 Closing High: 1890.90)

1889

1886

1885

1884 (3/21/14 Intraday Top: 1883.97) (3/7/14 Intraday Top: 1883.57)

1882

1880

1879

1878 (3/7/14 Closing High: 1878.04)

1877

1874

1873

1872

1870

1868 (8/25/15 Closing Low for 2015: 1867.61)

1867 (8/24/15 Intraday Low for 2015: 1867.01)

1865

1862