S&P 500 - weekly charts

Jesse Livermore Quote

“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth – or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.”
 

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kalott - good catch, but this is long term - I'm daytrader. Support/Level on SP 500 I use mostly for trading stocks with beta 1.
 
I'm waiting for 2130-2160. But anyway, due to the fact that I'm daytrader, any moves are ok to me :)
 
The SP is kind of oscillating around the 2000 level, even though it tries at times to go higher.
 
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