$SPX The S&P once again failed to get over the 3140 zone yesterday. Which is our first short term resistance zone to watch today. Our major levels have still have not changed as price is clearly still between is zones and has been since the middle of May. We are looking at the first upside resistance zone at 3200-3230 and the first support zone at 3060-3080. The views stated in this letter are not necessarily the opinion of Cetera Advisor Networks LLC and should not be construed directly or indirectly as an offer to buy or sell any securities mentioned herein. Past performance does not guarantee future results. Investors cannot invest directly in indexes. The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees and expenses associated with investing. Charts courtesy of TD Ameritrade.
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