S&P 500 Index

S&P500 Technical Outlook For April 03

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SPX managed to close above 5200 after testing swing low as mentioned in our previous post, check here if you missed.

– It was down day for S&P 500 and Nasdaq but overall trend remains up

– Weekly Trend is up

– Daily Trend is still up

– Hourly Trend turned down now

– Weekly swing low is around 5180 but if this breaks next support come just below 5160.

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