So far so good the S&P managed to rebound from the front end Cloud Chart (CC) support zones! The index also rebounded from a key cloud chart support zone on the 4H CC chart. So far so good. Price action above the 4 H CC is bullish!
If support holds this rally can last up to the bottom end of the daily CC resistance zones.
If support holds this rally can last up to the bottom end of the daily CC resistance zones.