S&P 500 Technical Analysis:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.