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SPx 4H (under sell pressure)
S&P 500 Index
Short
SPx 4H (under sell pressure)
By Arazmajeed
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Aug 9, 2023
9
Aug 9, 2023
SPx
OUTLOOK
The price of SPx near to reach to the resistance zone after Negative New York Session on yesterday
Currently , stabilized under 4525 - 4534 it help the price to get the negative momentum 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 New York season will affect on the SPx directly
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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