S&P 500 IndexLong
SPX/ Bullish Breakout or Bearish Continuation?
Hello Traders
SPx technical analyses
The price is currently trading within the high zone between 6,099 and 6,026. The level at 6,099 has caused the price to decline and initiate a correction. For today, it is anticipated that the price will continue its bullish attempts to break this resistance. A breakout above the resistance level could lead to a rise toward a new high at 6,160. Conversely, if the correction persists and the price falls below 6,026, confirmed by the closing of a 4-hour candle, it would indicate the continuation of a bearish trend.
Tendency Keys: 6099
Resistance Line: 6099, 6160
Support Line: 6026, 5997, 5938
SPx technical analyses
The price is currently trading within the high zone between 6,099 and 6,026. The level at 6,099 has caused the price to decline and initiate a correction. For today, it is anticipated that the price will continue its bullish attempts to break this resistance. A breakout above the resistance level could lead to a rise toward a new high at 6,160. Conversely, if the correction persists and the price falls below 6,026, confirmed by the closing of a 4-hour candle, it would indicate the continuation of a bearish trend.
Tendency Keys: 6099
Resistance Line: 6099, 6160
Support Line: 6026, 5997, 5938
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.