S&P500 / Continued Volatility in the Markets
Continued Volatility in the Markets
Investors should brace themselves for continued market whiplash, as Thursday's trading session indicates that volatility remains a significant concern.
The S&P 500 (SPX) has stabilized within a bearish trend, targeting 4923 soon. The current volatility and technical indicators suggest bearish momentum.
Bullish Scenario:
For a shift to a bullish trend, the price needs to stabilize above 5260, potentially reaching 5291 and 5327.
Bearish Scenario:
As long as the price trades below 5214, the bearish trend is expected to continue toward 5130 and 5040.
Key Levels:
- Pivot Line: 5214
- Resistance Levels: 5260, 5281, 5327
- Support Levels: 5130, 5040, 4925
Today's Expected Trading Range: The price is anticipated to fluctuate between 5215 and 5130.
Direction: Downward
Investors should brace themselves for continued market whiplash, as Thursday's trading session indicates that volatility remains a significant concern.
The S&P 500 (SPX) has stabilized within a bearish trend, targeting 4923 soon. The current volatility and technical indicators suggest bearish momentum.
Bullish Scenario:
For a shift to a bullish trend, the price needs to stabilize above 5260, potentially reaching 5291 and 5327.
Bearish Scenario:
As long as the price trades below 5214, the bearish trend is expected to continue toward 5130 and 5040.
Key Levels:
- Pivot Line: 5214
- Resistance Levels: 5260, 5281, 5327
- Support Levels: 5130, 5040, 4925
Today's Expected Trading Range: The price is anticipated to fluctuate between 5215 and 5130.
Direction: Downward
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
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.