SP500 - Retest or New leg up?
The SP bounced off the 50 dma , cleared the 20ema and is back at an area of interest.
Lots of overhead resistance at 4185 but clearing that could open the gates to 4300
Its should be noted that the recent leg up as been on low volumes and we have May just around the corner .
Lots of overhead resistance at 4185 but clearing that could open the gates to 4300
Its should be noted that the recent leg up as been on low volumes and we have May just around the corner .
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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.