S&P500 Index (SPY) Your Trading Plan For This Week 📈

Updated
snapshot

S&P500 index is currently trading on a key daily structure resistance.

On focus is a rising parallel channel on 4H. If the price breaks and closes below its support,
chances will be high to see a bearish trend continuation.
Initial target will be 4080 level.

Alternatively, bullish breakout of the underlined yellow area will push the market higher.
Next resistance will be 4290.

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Check my new analysis on GOLD:
GOLD (XAUUSD): Technical Outlook For Today🥇
Elliott WaveS&P 500 E-Mini FuturesFibonaccifundamental-analysisindexesMultiple Time Frame AnalysisNASDAQ 100 CFDnasdaqS&P 500S&P 500 (SPX500)US30

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