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S&P 500 Finding Resistance Difficult To Penetrate

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Indeks S&P 500 (SP:SPX)  
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SP:SPX   Indeks S&P 500
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) S&P 500 (SPX500) trendtrading sublimetrading Stocks Indices indice index
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trendanalysis chartpattern indicator spx spx500 trendtrading sublimetrading stocks indices indice index
Last post: August 7th 2019. See chart.

Review: Price was finding support after breaking through a previous support level.

Update: Price has started to go sideways and is struggling to break above the resistance level.

Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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