S&P-500 technical picture on September 16, 2014

SPX is at the confluence of its 10-day and the 20-day SMA. If the market keeps its intraday strength to the end of the session, my estimate that we will see new all-time highs very soon will come closer to fruition.

SP-500 spot Index, daily chart:
SPX_daily_20140916

Chart courtesy of StockCharts.com. http://stockcharts.com

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