S&P 500 IndexUpdated S&P 500
We have seen about the rounding top pattern in previous idea.
In this idea we are going to see about support turning as resistance.
The support at 4400 is broken and in next trading session also if the price is staying below it, then 4400 will become the resistance.
Where is the new support in that case?
4360 is the new support.
Where is the next support? 4320 - 4330.
In this idea we are going to see about support turning as resistance.
The support at 4400 is broken and in next trading session also if the price is staying below it, then 4400 will become the resistance.
Where is the new support in that case?
4360 is the new support.
Where is the next support? 4320 - 4330.
Note
At support. Note
At next support. 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.
Join my students group for Index Option Trading to earn and learn.
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.