SPx500 needs new momentum
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SPx500 4H NEW FORECAST
The price is anticipated to continue its bullish trend towards 5243, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 5225 would likely confirm the continuation of a bearish trend, targeting levels of 5206 and 5182 .
Pivot Line : 5225
Resistance Line : 5243, 5265, 5280
Support Line : 5206, 5182, 5163
SPx500 4H NEW FORECAST
The price is anticipated to continue its bullish trend towards 5243, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 5225 would likely confirm the continuation of a bearish trend, targeting levels of 5206 and 5182 .
Pivot Line : 5225
Resistance Line : 5243, 5265, 5280
Support Line : 5206, 5182, 5163
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