SPx 4H (near to support zone )
SPx
Outlook
US indices open today's trading on a decline.. The SPx 500 index opens down by 0.6% and the price reach at the support zone 4457 - 4478
Currently, Generally the direction is downtrend but right now to confirm the bearish trend should stable under 4457 and then the SPx will lose more points and reach 4431 and 4411
under 4478 will help the price to touch 4457
As for renewing the bullish trend, this requires the price to consolidation above 4478 and then will help the price to rise up to reach 4500 and 4524
support line : 4478 , 4457 , 4411
resistance line : 4500 , 4524 , 4554
what is your opinion ??
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Outlook
US indices open today's trading on a decline.. The SPx 500 index opens down by 0.6% and the price reach at the support zone 4457 - 4478
Currently, Generally the direction is downtrend but right now to confirm the bearish trend should stable under 4457 and then the SPx will lose more points and reach 4431 and 4411
under 4478 will help the price to touch 4457
As for renewing the bullish trend, this requires the price to consolidation above 4478 and then will help the price to rise up to reach 4500 and 4524
support line : 4478 , 4457 , 4411
resistance line : 4500 , 4524 , 4554
what is your opinion ??
If this post was useful to you , don't forget to subscribe and like , Thanks ❤️
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