S&P 500 IndexLong
Price Reversal at Key Support with Consolidation Expected
Technical Analysis:
The price has reached the previously identified support zone and has once again reversed its course.
At present, it is anticipated that the price will attempt to reach 5,863, provided it continues to trade above the 5,824 and 5,800 levels. However, the price is likely to remain in a consolidation phase between 5,863 and 5,824 until a decisive breakout occurs.
Key Levels:
Pivot Point: 5837
Resistance Levels: 5863, 5891, 5939
Support Levels: 5824, 5812, 5781
Trend Outlook:
Bearish below 5824
Bullish above 5824
The price has reached the previously identified support zone and has once again reversed its course.
At present, it is anticipated that the price will attempt to reach 5,863, provided it continues to trade above the 5,824 and 5,800 levels. However, the price is likely to remain in a consolidation phase between 5,863 and 5,824 until a decisive breakout occurs.
Key Levels:
Pivot Point: 5837
Resistance Levels: 5863, 5891, 5939
Support Levels: 5824, 5812, 5781
Trend Outlook:
Bearish below 5824
Bullish above 5824
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
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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.
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.