SPx (Near to the another new record)
SPx New Forecast
The price of the S&P 500 reached the resistance line, and breaking this resistance, will support the price to reach the next resistance line which is 5350,
If the price remains below 5305 and 5320, it will likely fall back to the support line at 5266. Breaking this level could extend the bearish trend towards 5226.
Pivot Line: 5305
Resistance Levels: 5325, 5350, 5400
Support Levels: 5266, 5227, 5193
Today’s expected trading range is between the support 5266 and the resistance 5350.
The price of the S&P 500 reached the resistance line, and breaking this resistance, will support the price to reach the next resistance line which is 5350,
If the price remains below 5305 and 5320, it will likely fall back to the support line at 5266. Breaking this level could extend the bearish trend towards 5226.
Pivot Line: 5305
Resistance Levels: 5325, 5350, 5400
Support Levels: 5266, 5227, 5193
Today’s expected trading range is between the support 5266 and the resistance 5350.
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~6 analyses per day. With a clear entry point
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