SP500 Index NewForecast
(Structure: Short )
The price has dropped and continues to do so as we predicted, aiming for a retest at 5302 and 5281. It has already reached 5302 and is now moving towards 5281.
Currently, the SP500 is undergoing a corrective retracement targeting 5281. At this point, we should monitor whether it breaches 5281. Stability below 5281 would indicate a continuation of the bearish trend towards 5264. Conversely, stability above 5281 would signal the potential beginning of a bullish trend.
Pivot Line: 5301
Resistance Levels: 5320, 5340, 5357
Support Levels: 5281, 5263, 5227
Today’s expected trading range is between the support 5264 and the resistance 5330.
(Structure: Short )
The price has dropped and continues to do so as we predicted, aiming for a retest at 5302 and 5281. It has already reached 5302 and is now moving towards 5281.
Currently, the SP500 is undergoing a corrective retracement targeting 5281. At this point, we should monitor whether it breaches 5281. Stability below 5281 would indicate a continuation of the bearish trend towards 5264. Conversely, stability above 5281 would signal the potential beginning of a bullish trend.
Pivot Line: 5301
Resistance Levels: 5320, 5340, 5357
Support Levels: 5281, 5263, 5227
Today’s expected trading range is between the support 5264 and the resistance 5330.
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~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
