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Rotuma
Mar 25, 2018 12:10 AM

SPX S&P 500 -TA Update 

S&P 500SP

Description

This an update of my post from 20-3-2018. The Index closed the last session at 2588.26 just above 2586 support price point also below the support trend line in red now turn support. If it fails to hold at the current support then I think we might see the index fall further towards the bottom of the price channel.

Comment

The Index was down by -2.19% in the last session 6-4-2018 but managed to bounce at 2586 support which continues to act as a good support. 2566 and 2549 are two support price points to look out for if it fails to hold the current support.
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