SPX 500 Index, Daily Chart Analysis August 7

TVC:SPX   S&P 500 Index
Technical Analysis and Outlook
S&P500 closed lower on August 5, and by doing so, obsoleted the both Mean Sup 2914 and Key Sup 2882. The following day we observed remarkable rebound. The higher-range closure sets the stage for a steady to higher advancement towards the designated Sixth Path Stage One, while new Key Sup 2840 resting below. To continue the rest of the story see 'Market Insight & Commentary August 7, 2019 page, at TradingSig_dot_com.
what a trendline, wow.
TradingSig Bullandbeartrading
@Bullandbeartrading, Thank you appreciate it.
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