S&P 500 IndexShort
SPX - CORRECTION MOVE
Updated
U.S. stock futures were slightly lower on Monday after the S&P 500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due out this week.
Generally, the direction is uptrend
Uptrend Side: The price has established resistance at 6099, and a breakout above this level is required to reach a new high, potentially targeting 6160.
Downtrend Side: Regarding the bearish trend, we anticipate that the price may undergo a correction toward the resistance level of 21,540 before declining to breach the support levels at 6,072 and 6,026.
Tendency Keys: 6072
Generally, the direction is uptrend
Uptrend Side: The price has established resistance at 6099, and a breakout above this level is required to reach a new high, potentially targeting 6160.
Downtrend Side: Regarding the bearish trend, we anticipate that the price may undergo a correction toward the resistance level of 21,540 before declining to breach the support levels at 6,072 and 6,026.
Tendency Keys: 6072
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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
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