S&P 500 IndexShort
SPX/ Correction and Sharp Fall Expected
The SPX price has stabilized within the sensitive zone between 5,872 and 5,806. We anticipate that the price will rise briefly to correct towards 5,872 before falling sharply to reach 5,806, and potentially drop further to 5,750. An uptrend is likely to commence only if the price stabilizes above 5,872, particularly if it crosses the critical range between 5,997 and 5,938. This scenario suggests that the current movement is influenced by the resistance at 5,872 and the support levels below, which dictate the directional trends.
Keys: 5,872
Keys: 5,872
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.