SroshMayi

SPx 4h (Descending trend)

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OANDA:SPX500USD   S&P 500指數
SPX500USD

As we mentioned yesterday the price will reach the trend and then drop, and we already did it.

So, as long as the price stabilizes inside the channel it means has a bearish trend to reach 4336, and to be downward should stable under 4310.

But otherwise, stabilizing above 4391 will support rising to reach 4442

Pivot Price 4365
Resistance prices: 4391 & 4442 & 4478
Support prices: 4336 & 4310 & 4270

The moving range will be between 4442 and 4310



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