S&P 500 Index analysis 2024/10/09

SPX



Hey everyone, I just got back from a trip. Sorry it's been a while since my last analysis. How's everyone been doing in the markets lately?

Notice: The points are only valid from 2024/10/09 to 2024/10/20

What we have now?
1. Current price: 5760

2.The key support and resistances level:
5770
5590
5450
5300

Future Price movement
70% chance: The day level shows strong momentum, and we expect the price to make a slight correction before pushing toward 5770, or even breaking through that level.
30% chance: Moving back to 5590 and start moving back from 5590 to 5450.

Trade safe!