The S&P 500 index (SPX) today is testing the Floor traders Yr2 Pivot and the Fibonacci Yr3 Pivot @ 2576. This zone(2576-2613) has high odds(82%) for a 75-120 pt. reversal.
The S&P 100 index(OEX) is near resistance at the Yr2 Pivot @ 1133. So far in 2017, the OEX index has had a big pullback at each Yearly Pivot Point. Good odds it will again at Yr2.
The Russell 2000 index, rallied in September to the Floor traders Yr1 Pivot and the Fibonacci Yr2 Pivot(YFR2). This confluence of yearly pivots will be very strong resistance! Good spot to reduce or hedge your risk.
