Technical Analysis and Outlook:
The S&P 500 Index has displayed both upward and downward movements throughout this week's trading session, narrowly missing the targeted Outer Index Rally level of 6073. Currently, the index is characterized by a bearish trend, warranting attention towards the Mean Support level of 5940, with additional critical support identified at 5888.
Conversely, there exists a significant potential that, upon reaching the Mean Support of 5940, the index may recover and rise to the Mean Resistance level of 6046. This upward movement could facilitate an interim rally, culminating in the completion of the Outer Index Rally at 6073 and enabling the index to address the Key Resistance level positioned at 6150.
The S&P 500 Index has displayed both upward and downward movements throughout this week's trading session, narrowly missing the targeted Outer Index Rally level of 6073. Currently, the index is characterized by a bearish trend, warranting attention towards the Mean Support level of 5940, with additional critical support identified at 5888.
Conversely, there exists a significant potential that, upon reaching the Mean Support of 5940, the index may recover and rise to the Mean Resistance level of 6046. This upward movement could facilitate an interim rally, culminating in the completion of the Outer Index Rally at 6073 and enabling the index to address the Key Resistance level positioned at 6150.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.