MTU Weekend Ed. - Range (Busting?) (12/14/18)

SPX monthly closed below its mid-BB line, eyeing the lower BB line (currently around 2370)

SPX weekly and daily broke their recent range. But the lack of momentum (so far) for wave [iii] of 3/C-down and the fact that the Dec 3rd high did not make a higher high (especially in INDU) present some flexibility going into the OPEX week, then the holiday week.  See the daily chart for bull/bear tracking.  Dynamic support is around 2570 (then 2500) and dynamic resistance is around 2670 then 2750.