S&P 500 Technical Analysis:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.