SPX500: Decision time break or bounce?!
Good Morning,
SPX500 has reached a decisive point it seems as it has broken a resistance level now turned support at 3156.6 that price has retraced to.
If price bounces off this support level than we could expect price to reach around 3229.2.
Conversely if it breaks downwards then a short trade could be triggered off a retrace back to 3156.6 before going further down.
Good Luck!
And let me know what you think I always value feedback!
SPX500 has reached a decisive point it seems as it has broken a resistance level now turned support at 3156.6 that price has retraced to.
If price bounces off this support level than we could expect price to reach around 3229.2.
Conversely if it breaks downwards then a short trade could be triggered off a retrace back to 3156.6 before going further down.
Good Luck!
And let me know what you think I always value feedback!
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.