SPX S&P 500 Support, Resistance (S/R), Moving Averages and Other Important Levels for trading the Week of 9.6/16

SPX (S&P 500) support, resistance (S/R), moving averages and other important levels are provided for the holiday-shortened trading week of 9/6/16. Levels shown in bold are strong resistance and support. Bold and underlined levels are very strong and important S/R.

For the S&P 500 in history, the all-time record high prints on Monday, 8/15/16, at 2193.81. The all-time closing high is 2190.15 on 8/15/16. The SPX has taken out the May 2015 highs after this stock market top held in place for 15 months. The bulls, that continue to remain complacent due to non-stop central banker money-printing, are correct in their cheer leading the stock market higher since new record highs are printing. However, the last all-time high printed three weeks ago. The all-time record intraday low is 666.79 (the infamous 666) on 3/6/09 and all-time closing low is 676.53 on 3/9/09.

For 2016, the intraday high for this year is the 2193.81. The closing high for this year is at 2190.15. The intraday low for this year is 1810.10 on 2/11/16 and the closing low thus far this year is 1829.08 on 2/11/16. The intraday low in 2015 was 1867.01 on 8/24/15 and intrayear closing low for 2015 was 1867.61 on 8/25/15. Obviously, a failure under the 1810-1868 zone would lead to a catastrophic path ahead for stocks but this concern is not even on the map as equities print new all-time record highs near SPX 2200.

Keystone’s 80/20 rule says 8’s lead to 2’s so the close above 2180 hints that 2220-plus is on the table. The SPX finished August printing a negative month. The SPX begins September at 2170.95. The SPX is 127 points, +6.2%, above the starting year number at 2044. The central bankers saved the markets in February and the coordinated global money printing creates the multi-month rally. The central bankers are the market.

For the new trading week ahead, Tuesday, 9/6/16, with the S&P 500 beginning at 2180, the bulls need five points, to punch up through 2185, and price will accelerate higher into the 2190’s. Note the formidable ceiling at 2183-2185 so it would be a big deal and positive for bulls if this resistance is taken out. Stocks are trading for the new week the opening bell rang a few minutes ago. The SPX is up 2 points at 2182 above the 20-day MA at 2180. HOD is 2184 so the 2183-2185 resistance gauntlet holds in the early going.

The bears need to push below 2174 support and price will be testing the 2169-2171 support gauntlet in a flash. Bad things will happen to stocks under 2169-2171. The SPX moves sideways on Tuesday (today) between 2175-2184. The 200 EMA on the 60-minute chart at 2170 a key short term signal for stocks and if this fails, serious trouble begins. As long as the SPX stays above 2169-2171 the bulls will not be worried.

Looking at the near-term picture the strongest price support/resistance is 2194, 2190, 2187, 2182-2185, 2178, 2175, 2169-2171, 2164, 2156-2157, 2152, 2135 and 2131. The bulls do not have a care in the world unless the 200 EMA on the 60-minute at 2170 fails; if 2170 fails, stocks will begin dropping in earnest. As long as price is above 2170, the bulls are in control of the stock market for the hours and days ahead.

Note: If the list below displays any blank spaces, view it in a different browser.

2194 (8/15/16 All-Time Intraday High: 2193.81) (8/15/16 Intraday High for 2016: 2193.81)

2193

2190 (8/15/16 All-Time Closing High: 2190.15) (8/15/16 Closing High for 2016: 2190.15)

2188

2187

2186

2185

2184.87 Previous Week’s High

2184.87 Friday HOD

2184

2183

2182

2179.98 Friday Close – Monday Starts Here

2179.71 (20-day MA)

2178

2175

2174

2173.59 Friday LOD

2173

2170.95 September Begins Here

2170

2169.86 (200 EMA on 60-Minute Chart a Keystone Market Turn Signal)

2169

2165

2164

2160

2157.09 Previous Week’s Low

2157

2156

2153.09 (50-day MA)

2152

2135 (5/20/15 Intraday High: 2134.72)

2133 (7/20/15 Intraday High 2132.82)

2131 (5/21/15 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)

2117.94 (20-week MA)

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

2116.93 (100-day MA)

2116 (11/3/15 Intraday High: 2116.48)

2114

2113

2111 (4/20/16 Intraday High: 2111.04)

2110 (11/3/15 Closing High; 2109.79)

2109

2108

2105

2104 (12/2/15 Intraday High: 2104.27)

2103 (12/2/15 Closing High: 2102.63)

2102 (4/20/16 Intraday High: 2102.40)

2100

2099

2097

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

2093

2092

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

2089

2086

2084

2083

2081

2080

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

2077

2076.80 (12-month MA; a Keystone Cyclical Signal) (the cliff)

2076.18 (10-month MA)

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

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

2074

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

2072.34 (150-day MA; the Slope is a Keystone Cyclical Signal)

2072

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

2069

2067.30 (20-month MA)

2067

2065

2064

2063

2061

2057

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

2055.61 (200-day MA)

2053.54 (100-week MA)

2053

2052

2050.58 (50-week MA)

2050

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

2044 (12/31/15 Closing High: 2043.94)

2043.94 Trading for 2016 Begins Here

2042

2040

2038

2034

2032

2030

2023

2022

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

2017

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

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

1998

1997

1996.69 (150-week MA)

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)

1987

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

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

1983

1982

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

1980

1979

1978

1977

1973

1970

1969

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

1928

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

1920

1917

1914

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)

1891.80 (200-week MA)

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

1879

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

1877

1874

1873

1872.07 (50-month MA)

1872

1870

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

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

1865

1862

1859 (1/20/16 Closing Low: 1859.33)

1855

1851 (1/15/14 Intraday Top: 1850.84)

1849 (12/31/13 Intraday High Top for 2013: 1849.44)

1848 (1/15/14 Closing High: 1848.38) (12/31/13 Closing High for 2013: 1848.36)

1846

1845

1843

1841

1840

1839

1835

1831

1829 (2/11/16 Closing Low for 2016: 1829.08)

1828

1827

1824

1820

1816

1814 (11/29/13 Intraday Top: 1813.55)

1812 (12/9/13 Intraday Top: 1811.52) (1/20/16 Intraday Low: 1812.29)

1810 (2/11/16 Intraday Low for 2016: 1810.10)

1809 (12/9/13 Closing Top: 1808.37)

1808

1807 (11/27/13 Closing Top: 1807.23)

1806

1803

1801

1800

1799 (11/18/13 Intraday Top: 1798.82)

1798 (11/15/13 Closing Top: 1798.18)

1796

1793