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S&P 500 Index
Long

SPX approaching Support, Prepare For A Bounce

By Tickmill
Broker

SPX is approaching its support at 2856 (100% Fibonacci extension,38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 2958.4(horizontal swing high resistance).
Chart PatternsEquityHarmonic PatternsSPX (S&P 500 Index)Trend Analysisusequity
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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