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S&P 500 E-mini Futures

S&P500 trading flat

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Index at key resistance region. WHATS NEXT?


In our previous post, we mentioned that the index is overextended and indeed the index trades in consolidation last week.

The S&P500 trades in flat as it break out of the ascending trend line, invalidating short term bullish momentum.

Short term support level at 3915 region and a breakout of this support can indicate more downside towards 3752 region.
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sp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Support and ResistanceTrend Lines
TrainingTrader
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.