TipTVFinance

S&P500 – Rising trend line hurdle comes into play

TVC:SPX   S&P 500
S&P 500             jumped in early trade but has failed to hold above the rising trend line (drawn from Feb low and June low).

Traders should keep an eye on today’s close, which if below the descending trend line (Aug high and Sep high) would signal the recovery from the November 4 low has run out of steam.

On the other hand, a close above the rising trend line would open doors for a rally to record highs.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out