S&P 500 Daily Chart Analysis For Week of Oct 4, 2024
Technical Analysis and Outlook:
In the preceding week's Daily Chart Analysis for the Week of Sep 27, the index adhered to the anticipated behavior by attaining the robust support level at Mean Sup 5700. This notable resurgence in the primary trend will likely prompt a robust bull movement toward the completed Inner Index Rally at 5763, with a high probability of surpassing it and progressing towards the awaited Outer Index Rally at 5840 within the upcoming trading session. It is imperative to acknowledge that reaching these objectives will trigger a volatile downward sentiment price action.
In the preceding week's Daily Chart Analysis for the Week of Sep 27, the index adhered to the anticipated behavior by attaining the robust support level at Mean Sup 5700. This notable resurgence in the primary trend will likely prompt a robust bull movement toward the completed Inner Index Rally at 5763, with a high probability of surpassing it and progressing towards the awaited Outer Index Rally at 5840 within the upcoming trading session. It is imperative to acknowledge that reaching these objectives will trigger a volatile downward sentiment price action.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.