Sun 02/Dec/2018 14:56 Ticker: SP: SPX LAST= 2,760.17
S&P 500 INDEX movement during the last few days showed a Bearish move, with a recent low price seen on Fri 23.Nov.2018 at 2,631.09.
During the next few days the price is expected to go up for 2,774.50 and then to 2,794.10.
The Short-Term view is expected to continue to be in Consolidation between 2,795.00 -- 2,647.50. But as of now, as long as the price is trading above 2,744.85, its recommended to [ BE LONG ] for a targeted price of around 2,783.88 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 2,700.00