S&P-500 Outlook For October 17, 2014

ES futures rebounding from yearly lows during the last couple of hours. The daily trend remains down though. There is short-term technical resistance @ 1.873, 1.891 and 1.910. Support can be found @ 1.862, 1.853 and 1.844.

SP-500 spot Index, daily chart:

US SPX 500 Futures(5 Hours)20141017
Chart courtesy of StockCharts.com. http://stockcharts.com

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