Hi Traders!
SPX looks to have confirmed the support test. There is a long opportunity near the support level of 4541.25 for a potential break above the five-month resistance at 4607.07.
Here are the details:
The market has comfortably held above the 4541.25 level for more than a week.
Preferred Direction: Buy
Entry Level: 4554.73
Stop Level: 4498.97
Target Level: 4667.55
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
SPX looks to have confirmed the support test. There is a long opportunity near the support level of 4541.25 for a potential break above the five-month resistance at 4607.07.
Here are the details:
The market has comfortably held above the 4541.25 level for more than a week.
Preferred Direction: Buy
Entry Level: 4554.73
Stop Level: 4498.97
Target Level: 4667.55
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
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JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.