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SPx 4h (CONSOLIDATION ZONE)

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OANDA:SPX500USD   Indeks S&P 500
SPx

Between 4310 and 4265 is a strong consolidation zone

Technically:
The next bearish area will start when the price can stabilize under the support zone to reach 4265 to get 4177 and 4060

to be bullish zone should break 4344 to get 4391

Now the price will try to reach 4265 because already under 4310 and that supports falling


Pivot Price 4310
Resistance prices: 4336 & 4391 & 4442
Support prices: 4292 & 4270 & 4222

The moving range will be between 4336 and 4265
Komen:
the price dropped and still it try to get 4177 as we mentioned in our chart

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