The S&P 500 index is trading at a resistance of 2932 to 2950 respectively marked with red broken lines on the chart.
Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
Trade active:
It is trading above and the between levels as mentioned above.
This is the 10th attempt today near the resistance. Let's see what happens next!!!
This is the 10th attempt today near the resistance. Let's see what happens next!!!
Trade closed manually:
as mentioned it respected both the upper and the down levels...
cracked 2900 it went down
cracked 2954 it went up!!!
cracked 2900 it went down
cracked 2954 it went up!!!