US500 Gann Analysis
Analyzing the US 500 Index on a weekly time frame using Gann-based techniques. Key resistance levels are marked at 5,673.7, 6,057.0, and 6,253.0, while support levels are identified at 5485 and 5,304.5
The index is currently testing resistance at 5,673.7 with a bullish weekly candle. The upcoming time projection on September 30, 2024, may signal potential market shifts. Monitoring for a breakout above current resistance or a reversal towards support.
Watch for Strong Resistance 5864 - 5882 Might Be it...
And after it tops, Your possible Bottom Could be 4771
Let The Time Write the Story..
Good Luck
The index is currently testing resistance at 5,673.7 with a bullish weekly candle. The upcoming time projection on September 30, 2024, may signal potential market shifts. Monitoring for a breakout above current resistance or a reversal towards support.
Watch for Strong Resistance 5864 - 5882 Might Be it...
And after it tops, Your possible Bottom Could be 4771
Let The Time Write the Story..
Good Luck
Time is more important than price. When time is up price will reverse." – W. D.
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