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Ariacess
May 29, 2022 11:24 PM

SPX 

S&P 500SP

Description

SPX closed at 4158.23. SPX started to bounce nicely this week, moving off of it's lows near 3932. SPX managed to clear through 4100 and end the week above resistance, with a strong marubozu on multiple days. SPX likely has more range now, and some follow-through on Monday would be ideal. SPX can move to touch 4300 before any larger resistance is in the way. Short-term day trades to the long-side can work well here.
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