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gehad20

S&P500

Long
S&P 500 Index (SP:SPX)  
gehad20  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators Contains image
5
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trendanalysis chartpattern indicator containsimage
S&P500 witnessed a rebound above 4335 level by yesterday’ session, and it seems that the index is on its way to test last peak hat lies at 4395, which consider the level that we need to violate it, to lead S&P500 to further rises near to 4430 – 4461 – 4512 – 4541

The mentioned positive scenario is valid as long as remain above 4285

The indicators is still heading towards positive side, which confirm the mentioned positive scenario.

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