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SPx 4H (waiting for CPI)
S&P 500 Index
Short
SPx 4H (waiting for CPI)
By Arazmajeed
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Aug 10, 2023
7
Aug 10, 2023
SPx
OUTLOOK
The price of SPx reached at the support zone and couldn't break it and rise up again
Currently , stabilized under 4525 - 4534 it help the price to drop again and lose more points to reach 4501 and 4478
otherwise , consolidation above 4534 it will help the price to rise up and reach 4554 and 4579
I expect trading range for today it will be between 4525 and 4478
Additionally, today News and New York season will affect on the market directly
And the decision in the hand of CPI
support line :4501 , 4478
resistance line : 4534 , 4554
what is your opinion ??
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Technical Indicators
S&P 500 (SPX500)
Support and Resistance
Trend Analysis
Arazmajeed
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