tradewithhedge

1985 is MASSIVE for SP500

SP:SPX   S&P 500 Index
Hi traders,

This is my daily graph on SPX             ( SP500             ), 1985 is massive and if we break, I expect a very quick drop and then we can use the same level as resistance. At 1985 we have a channel line which started in May 2013 and also trend line and horizontal line which is support.
Keep this level in mind 1985!!!

Good luck!

Thiago Duarte
thiago@duarteinvestmetntgroup.com
@thiagotrader
all those lines were broken back in october, and the market went back up to make a new high
Reply
tradewithhedge FractalTrader
I think you saw the wrong graph. Just checked with another platform and is correct!!!
Reply
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