Tickmill

SPX approaching Support, Prepare For A Bounce

Long
TVC:SPX   S&P 500 Index

SPX is approaching its support at 2856 (100% Fibonacci extension,38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 2958.4(horizontal swing high resistance).

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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