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8/25 SPX Recap

Big move up today for SPX finishing the day right at 4200.

The daily chart shows that it literally got a little resistance right at that psychological level of 4200. Now the interesting thing is going to be that gap in blue. We had a gap down on 8/190 from 4218.70.

Below is the 1m chart that shows the full day of events. Lot of consolidation around those two key levels of 4173 and 4164. Overall though, the day had an increase in volume and I think we are in for a treat of a lotto Friday tomorrow.

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