S&P 500 Chop Chop Chop

6 May 2015

S&P 500 has been trendless chopping around in an arc type area. It sits now just above support. Only the most skilled and nibble trader could have made money in the last short while but we should get a profitable move soon. To the downside 2040-2030 looks like first support. Edit: I removed some short term trend lines since the chart was getting cluttered.