10/7/2016

Mixed action continues with bulls holding Q4P - again - yet OctP and SPX YR1 acting as resistance. A lot more later this weekend on the blog!

SPY chart shows pivots and MAs only, no resistance levels, to emphasize the support of Q4P and possibly the rising 100MA (thin black).

SPX chart shows long term levels only (Y & H) but includes resistance, again to emphasize, sine YR1 has acted as resistance for 5 trading days in a row. 

Classic bull bear battle here.