Bullish : Break above 1100
Sideways : Between 1080 and 1100
Bearish : Break below 1050
SPX tested 1100 two times on Monday and Wednesday. If SPX can break through 1100 then we may see upside rally.
The interesting part is RUT already made High at Sep 23. Tested new high again on Monday. We may see more downside but not very far until the Bull came again.
My View Remain Sideway.
Support 1 : 600
Support 2 : 580
Resistance : 625
Here's the condition.
Monday make an important role. On Friday Price level touch Trendline and S2. However, there's strong chance the market will test the Thursday Low. Bear Friday can't make the new weekly low so the Bull still had stronger chance.
Bullish condition : Close Above EMA 20 and Break higher on Tuesday.
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