Sublime_Trading

S&P 500 Finding Resistance Difficult To Penetrate

Long
SP:SPX   S&P 500 Index
Last post: August 7th 2019. See chart.

Review: Price was finding support after breaking through a previous support level.

Update: Price has started to go sideways and is struggling to break above the resistance level.

Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading

Join Our Private Community

bit.ly/join-ST-community

Plus Get Our Ultimate Stock Market Blueprint.
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.