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nagihatoum
Feb 24, 2021 7:01 PM

SPX what now 

S&P 500 IndexTVC

Description

SPX moved to test the support of the rising channel and bounced of it and the 1H 200ema which is bullish. Currently about to test the new key level before ATH. A break above the key level will probably send SPX to a new high. Otherwise it is down again.

Comment

failed to go over key level, breaking down from rising channel.

Comments
jsmcgee88
We’ll see at 4K
nagihatoum
@jsmcgee88, Apparently it decided to go down.
rb675
Thank you
nagihatoum
@rboltz675, You are very welcomed.
ForecastCity_World
Great analysis
nagihatoum
@ForecastCity_World, Appreciate your kind comment.
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