Can S&P500 breakout of recent high?
Price reached the breakout target at 4180 level as mentioned since Week 13.
A breakout of the 4180 resistance region can potentially push price towards the 4300 recent high region.
However any downside breakout of the 4100 region can potentially drag price towards the 4050 support region.
A breakout of the 4180 resistance region can potentially push price towards the 4300 recent high region.
However any downside breakout of the 4100 region can potentially drag price towards the 4050 support region.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.