S&P 500 (SPX) | Bulls are Back

S&P 500 (SPX) has been in bullish trend since March of 2020. It has been following bullish parallel channel by heart.

Recently it has broken the trendline but found a good support at Fib Level 0.236.

We are expecting bulls to be active again as they were little tired with almost 2 years of trend.

This support zone will be important level and bounce is expected from here to atleast recent high and if broken to ALL TIME HIGHS.

Trade your levels accordingly.

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