Nothing has changed since last week as the S&P 500 (SPX) continues to sloth around. The four hour SPX TD Resistance level at 2383.89 is still the true breakout point.
S&P 500 (SPX) SHORT TERM OUTLOOK: BULLISH
Bearish if daily SPX closes below 2357.56 on Monday, April 10, 2017
S&P 500 (SPX) SHORT/INTERMEDIATE TERM OUTLOOK: BEARISH
Neutral if daily SPX closes above 2360.16 on Monday, April 10, 2017 or Bullish if daily SPX closes above 2378.25 any day during the week.
S&P 500 (SPX) INTERMEDIATE/LONG TERM OUTLOOK: BEARISH
Neutral if weekly SPX closes above 2378.25 on Friday, April 14, 2017
S&P 500 (SPX) LONG TERM OUTLOOK: BULLISH
Neutral if monthly SPX closes below 2238.83 on Friday, April 28, 2017