SPX closed in green 5200 but could not sustained the morning rally. Open and low of the day was the same, this is positive for the market at this point
– Weekly Trend is up
– Daily Trend is up
– Hourly Trend is still down
– Weekly swing high is around 5255 and first resistance is around 5234
– Weekly swing low is around 5180 but if this breaks next support come just below 5160.
– Weekly Trend is up
– Daily Trend is up
– Hourly Trend is still down
– Weekly swing high is around 5255 and first resistance is around 5234
– Weekly swing low is around 5180 but if this breaks next support come just below 5160.
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