MetaFutures

S&P 500 Index Analysis 29/09/2022

SP:SPX   S&P 500 Index
The S&P 500 (SP) is holding above the strong support, from where a nice bullish rally started, that move has also done a break of structure.

It is a powerful zone for S&P 500 to create a bullish impulsive wave from here. Today's candle close is important to watch, and if it closes bullish, that would confirm a bullish rally in S&P 500 and if it breaks down than that would be a bearish sign for it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.