SPX closed in green 5200 but could not sustained the morning rally. Open and low of the day was the same, this is positive for the market at this point
– Weekly Trend is up
– Daily Trend is up
– Hourly Trend is still down
– Weekly swing high is around 5255 and first resistance is around 5234
– Weekly swing low is around 5180 but if this breaks next support come just below 5160.
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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.