Critical support level for the S&P Index at 1,100
The S&P 500 Index is in an intermediate downtrend: cash is still king.
Reference the last analysis of the S&P 500 Index which was a more positive chart.
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.
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