SPX - CONSOLIDATION BETWEEN 6099 & 6026
The price movement is currently confined between the levels of 6,099 and 6,026. Therefore, we should await a breakout on either side, as this would provide a clearer direction for the next significant move.
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: In light of the bearish trend, we expect the price to undergo a correction toward the resistance level of 6,099 before subsequently declining to break through the support levels at 6,072 and 6,026.
Tendency Keys: 6075
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: In light of the bearish trend, we expect the price to undergo a correction toward the resistance level of 6,099 before subsequently declining to break through the support levels at 6,072 and 6,026.
Tendency Keys: 6075
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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.