Sun 06.Jan.2019
Ticker: SP:SPX
LAST= 2,531.94
SPX INDEX movement during the few last days showed a Sideways movement, with a recent low price seen on Wed 26.Dec.2018 at 2,346.58.
The Short-Term view is expected to continue to be in Consolidation between 2,650.00 - 2,410.00. But as of now, the direction of the next move needs to be considered when the price trades either above the level 2,630 or below 2,510, During the next few days the price is expected to break the upper level of the band and go up for 2,670.00 and then to 2,685.00 taking in consideration the resistance levels.
Res_2 = 2,630
Res_1 = 2,560
Sup_1 = 2,485
Sup_2 = 2,415
Ticker: SP:SPX
LAST= 2,531.94
SPX INDEX movement during the few last days showed a Sideways movement, with a recent low price seen on Wed 26.Dec.2018 at 2,346.58.
The Short-Term view is expected to continue to be in Consolidation between 2,650.00 - 2,410.00. But as of now, the direction of the next move needs to be considered when the price trades either above the level 2,630 or below 2,510, During the next few days the price is expected to break the upper level of the band and go up for 2,670.00 and then to 2,685.00 taking in consideration the resistance levels.
Res_2 = 2,630
Res_1 = 2,560
Sup_1 = 2,485
Sup_2 = 2,415
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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.