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JZ_Trading
Jul 22, 2018 5:43 AM

SPX - Support & Resistance levels 

S&P 500SP

Description

Market structure has temporary shifted direction to a downtrend holding resistance at around 2815. It seems 2800 which was resistance before is now support & that a fair price is somewhere around it. Hence from the Renko chart I expect the market travelling to the following levels:

Resistance levels:

2815
2810
2806

Support levels:

2800
2795
2776


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