Get started
S&P 500 Index

$SPX ( S&P500 ) as of November 18, 2020

By sgzaman
SPX ( S&P500 ) as of November 18, 2020: SPX decreased by 41.74 (-1.16%) points.

SPX made a lower high after a Doji candle. The index retesting the support which is the boundary of the rectangular box marked for the range. If it takes the last swing low(HL) of 3511.91 the current rally will turn into a short-term downtrend. The next dynamic supports are around EMA20 and EMA50 at 3502 and 3437 respectively.

However, the index made a lower high (LH) and a higher low (HL) so technically we are in a consolidation stage.

Happy Trading! Here
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Trend Analysis
sgzaman
Also on:

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.