The S&P500 closed in the red after a strong bullish spree. If the benchmark cuts through 1991.62, it will rally towards 2005.48. If it cuts through 1971.99, the benchmark will retreat to 1960.12, with 1966.8 as a primary objective.
The daily Pivot Point is around 1981.17. The daily support levels are around 1970.73 and 1961.54. The daily resistance levels are around 1990.36 and 2000.80.
