Oversold bounce on the S and P likely to terminate at 2073?

2073 will be major resistance at least in the near term. This was major support for the market the last 2 weeks and we broke it decisively yesterday. So am looking for a failed bounce to that area. Major support at 2054 (200 DMA). Breach of this and all hell could break loose pretty fast.

Submitted June 30, 2015 at 09:27AM by rajveers http://ift.tt/1Nt0LJr