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S&P 500 moving to Resistance 2950 and Support 2800???

Indeks S&P 500 (SP:SPX)  
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SP:SPX   Indeks S&P 500
Trend Analysis SPX (S&P 500 Index)
23
8
trendanalysis spx
Took a shot at the longer term trend of the S&P 500 from April through today. Looking to Monday to confirm my analysis.
  • If the down trend holds, then I expect the S&P 500 to establish a resistance level at 2950 and test the support of 2800 over the coming weeks.
  • If it rebounds, then up to 3140 or maybe even 3200.

What do you think?
Komen:
Found this Wyckoff chart. It is almost a perfect match.
school.stockcha...b/exe/fetch.php?media=mark...

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