SPX: Bullish reaction above a support. What to expect next?
• The index is trying to react this morning, and the timing of this reaction is quite good, after all, it is just above our support area, which I mentioned yesterday;
• What’s more, yesterday’s candlestick indicates stabilization, while the 21 ema was working as a resistance;
• Now, the index is just moving according to our previous analysis, and if it closes above the 21 ema again, it might bounce to the 4,083;
• The 4,083 is a key resistance and it was a gap area;
• Only if the index loses the 3,911 I see this bull trend getting weaker. So far, nothing new or surprising is going on. Another update tomorrow.
Remember to follow me to keep in touch with my daily analyses!
• What’s more, yesterday’s candlestick indicates stabilization, while the 21 ema was working as a resistance;
• Now, the index is just moving according to our previous analysis, and if it closes above the 21 ema again, it might bounce to the 4,083;
• The 4,083 is a key resistance and it was a gap area;
• Only if the index loses the 3,911 I see this bull trend getting weaker. So far, nothing new or surprising is going on. Another update tomorrow.
Remember to follow me to keep in touch with my daily analyses!
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。