SPX Possible Correction

30 thg 1, 2017

Volatility is picking up, I think there may be a near term correction (mapped in blue) to at least 2,250's. Lot of room to run though if things began to drop, with few resistance points in between 2,230's and 2,190's. Of course, you always have to consider the counter scenario, which I have mapped out in red.