S&P Support

The S&P along with other major indices are in retracement. An advanced sell signal came in from TradeTrend near 4691 on November 8th, the day after the new all-time high on the S&P index. Today the index closed at 4646.71. Look for support the first level of support near 4600 and the second level of support near 4550. TradeTrend buy signals near these levels may indicate a resumption of the uptrend.