My dear followers, I analysed this chart on SPX, and concluded the following: The instrument tests an important psychological level 4137.63 Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 4257.90 Recommended Stop Loss - 4067.61
About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK