• The SPX hit its key resistance at 3,900 and it failed in breaking it;
• This is a sign of weakness, and by confirming a top sign under its resistance, a pullback is very likely to occur;
• The next support area on SPX is around 3,780 – 3,760, around the 21 ema and the previous top level seen on Oct 18 (red line);
• For now, let’s keep these support and resistance levels in mind. The index must react as soon as possible in order to avoid a correction, and if it breaks the resistance, the next target would be the 4,100 area.
Remember to follow me to keep in touch with my analyses!
• This is a sign of weakness, and by confirming a top sign under its resistance, a pullback is very likely to occur;
• The next support area on SPX is around 3,780 – 3,760, around the 21 ema and the previous top level seen on Oct 18 (red line);
• For now, let’s keep these support and resistance levels in mind. The index must react as soon as possible in order to avoid a correction, and if it breaks the resistance, the next target would be the 4,100 area.
Remember to follow me to keep in touch with my analyses!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.