SroshMayi

SPx (parallel channel)

Short
OANDA:SPX500USD   S&P 500 Index
SPx

The price reversed and stabilized at the bearish zone, as long as trades inside the channel it means has a bearish trend to reach 4310 and 4270

But otherwise, stabilizing above 4391 will support rising to reach 4442

Pivot Price 4336
Resistance prices: 4391 & 4442 & 4478
Support prices: 4310 & 4270 & 4220

The moving range will be between 4391 and 4270



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