SPX APRIL 2024 WEEK 4 OUTLOOK -


Daily - looks bearish, in need of a small consolidation or pullback. we are near a key area on daily i.e.** 4947.66 - 4980.52** if price holds above this level, we can observe another leg up from here (low probability). if not, then we can expect a small consolidation and then another dump on SPX this week.
Origin - bearish. SPX looks bearish here too. but there are a few zones above and below that might lead to a bit of back and forth on SPX this week.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer