S&P 500 INDEX / Another ATH, WITH CORRECTION
S&P 500 Closes at Record Highs
The S&P 500 closed at all-time highs, as we mentioned previously,
Technically: The price will be consolidating between 5784 and 5732 till breaking,
The bullish trend will continue towards another ATH at 5890 by breaking of 5784,
However, a bearish trend will be confirmed if the price breaks below 5732 to get 5675.
Key Levels:
Pivot Line: 5784
Resistance Levels: 5805, 5890
Support Levels: 5732, 5675, 5643
Trend Outlook:
Bearish Correction till 5732
Bullish above 5784
previous idea:
The S&P 500 closed at all-time highs, as we mentioned previously,
Technically: The price will be consolidating between 5784 and 5732 till breaking,
The bullish trend will continue towards another ATH at 5890 by breaking of 5784,
However, a bearish trend will be confirmed if the price breaks below 5732 to get 5675.
Key Levels:
Pivot Line: 5784
Resistance Levels: 5805, 5890
Support Levels: 5732, 5675, 5643
Trend Outlook:
Bearish Correction till 5732
Bullish above 5784
previous idea:
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