Long Term and Short Term trend cross
SPX has a very long term trend line intersecting with the 2023 uptrend line.
This indicates two levels of overhead resistance around SPX 5550.
Look for a strong pullback from this level. "Second-tier" stocks having a run like TSLA should also need a breather around here.
not financial advice
This indicates two levels of overhead resistance around SPX 5550.
Look for a strong pullback from this level. "Second-tier" stocks having a run like TSLA should also need a breather around here.
not financial advice
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.