TipTVFinance

S&P500 – Rising trend line hurdle comes into play

SP:SPX   The S&P 500 Index
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.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out