S&P 500 daily from a different angle.
I took a trend line and connected the swing high on 01-26-18 @ 2872.87, with the next lower swing high on 2-16-18 @ 2754.42. Then I placed a vertical line on the date of the higher swing high on 2-27-18 afterwards, showing a possible support/resistance area in the future. And where it is currently acting as resistance.
"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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.