Arazmajeed

SPx 4H (under sell pressure)

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OANDA:SPX500USD   S&P 500指數
SPx

OUTLOOK

The price of SPx near to reach to the resistance zone after Negative New York Session on yesterday

Currently , stabilized under 4525 - 4534 it help the price to get the negative momentum again and lose more points to reach 4501 and 4478

otherwise , consolidation above 4534 it will help the price to rise up and reach 4554 and 4579

I expect trading range for today it will be between 4525 and 4478


Additionally, today New York season will affect on the SPx directly

support line :4501 , 4478
resistance line : 4534 , 4554


what is your opinion ??

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