Wednesday, December 14, 2016 Morning S&P Comments from Michael Blythe

Good morning everyone. Very quiet overnight trade preparing for FOMC. The market doesn’t seem to be expecting much of a response today, and I agree. However, markets often times defy expectation.


2290 (***) TGT 4 + Resist

2282 (*) TGT 3

2274 (**) TGT 2 + Resist

2269 (*) First Higher Target + Small Resist

2265 (*) Early Pivot

2260 (*) First Lower Target + Small Support

2255 (*) TGT 2

2249 (**) TGT 3 + Better Support

2240 (**) TGT 4 + Support

2233 (***) Pivotal



All the best;

Michael Blythe
Futures Strategist
Hamzei Analytics, LLC