On the U.S. stock market front, there has been a significant increase in the S&P 500 index, which closed the session with a gain of 0.76% compared to the values before January 29. The opening was in line with the closure of the previous session, but during the day, there was a strengthening, culminating in the closure near the day's highs.
Analysis of Status and Trend:
From a short-term technical perspective, the Standard & Poor's 500 index shows an expansion of positive performance in the curve, with the first resistance area identified at 4,949. There is a potential risk of correction towards the target level of 4,885.7. The forecasts indicate an increase in the bullish trendline towards the resistance area of 5,012.4.
Analysis of Status and Trend:
From a short-term technical perspective, the Standard & Poor's 500 index shows an expansion of positive performance in the curve, with the first resistance area identified at 4,949. There is a potential risk of correction towards the target level of 4,885.7. The forecasts indicate an increase in the bullish trendline towards the resistance area of 5,012.4.
Nota
Perfect weekly reaction at the high levelNota
$5100 Price is going there!Nota
$5100 is always closer
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.