Closed 1257.60, slightly under 200sma (1258.82) Started 1257.64. Hence, SPX almost no change in year 2011.
Supports marked by blue-lines.
Resistances marked by red-lines.
The chart shows the resistances are still there but the supports rise quickly (previous 6-m chart).
Below is Statistics of SPX Close and its 200sma.
It's an update of过去几年中,SPX在200天均线下面的时间 , I added specific summary for Year 2011. From 08/08/2011 (SP500 downgrade), total 6 days above
200sma, 100 days below 200sma. Market looked bearish. Prior to 08/08/2011, SPX was above 200sma consecutive 224 days (from 09/13/2010 to 08/01/2011, read data table please).
Statistics of SPX Year 2011
+: above -: under
Statistics of SPX all years (from 1950 to 2011 per yahoo data)
Frequency: Times of occurrence. For example, occurrence of 10 days below 200sma (-10) happened five (5) times.