Arazmajeed

SPx 4H (under sell pressure)

Short
OANDA:SPX500USD   S&P 500 Index
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 ??

If this post was useful to you , don't forget to like and comment , Thanks ❤️

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.