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$SPX Daily Chart 

Reversal levels are currently on a short term buy, intermediate term buy, and long term sell. The LT buy reversal is coinciding with the Sept Fed high, and just under the 200 day moving average. Good spot for a reversal here, if we are going to keep the bear growling. Look for a break under the ST sell reversal and 50 day moving average, as a good spot to short.

Comments

007Dad007Dad
Thx Rev. Crucial 'beariers' to hold;) 10/12/15
DinkDink
No one takes the 200 EMA seriously. Only the 200 SMA matters. 10/12/15
DinkDink
Obviously, I'm joking. However, the EMA often gets broken only to be reversed after by a touch of the SMA. 10/12/15
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