S&P500 fails to break above KEY RESISTANCE
The S&P500 retested the resistance zone again but failed and closed off the week in the red.
However, this is still considered a healthy retracement as bullish bias still remains.
If price were to breakout below 4050 support region, it can potential move back into the range, towards the 3963 region.
However, this is still considered a healthy retracement as bullish bias still remains.
If price were to breakout below 4050 support region, it can potential move back into the range, towards the 3963 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.