InvestMate

InvestMate|S&P500 It's On A Support Zone Watch Out!πŸ“‰πŸ“ˆ

Long
SP:SPX   S&P 500 Index
πŸ“‰πŸ“ˆS&P500 It's On A Support Zone Watch Out!

πŸ“‰πŸ“ˆAs I wrote yesterday about the possibility of the S&P500 going down to the vicinity of a strong support zone:

πŸ“‰πŸ“ˆIt has happened.

πŸ“‰πŸ“ˆWe are currently at the long awaited support zone that I have written about again and again in previous posts.

πŸ“‰πŸ“ˆFrom it, an upward reaction can be expected at any time.

πŸ“‰πŸ“ˆBut I think we will still be there for some time to test it thoroughly.

πŸ“‰πŸ“ˆNext week will be crucial. We will find out how the price will react.

πŸ“‰πŸ“ˆThe scenario I am playing out is to watch how the price will react at these levels. I am waiting for a strong upward reaction from this level in order to continue the uptrend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

πŸš€If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.πŸš€

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