Indice S&P 500
Long

SPX update for 10 October 2019

64
Daily Data Summary Suggests:

Current Daily Trend (price relationship to the trend MA) is Bearish
The price relationship to the moving averages currently suggest closing shorts and protecting profit.
The market is transitioning toward a Bearish sentiment.
The anticipated upcoming trade range is between 2917.71 - 2953.05
Price Consolidation has formed between: 2855.9 - 2959.8
If SPX is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 2963.5

Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Neutral Bear
The strength demonstrated over the last 5 days is currently: Bullish



** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **

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