S&P500: do you think SPX could break strong resistance ?

SP:SPX   S&P 500 Index
167 0 2
SPX             had a strong acceleration from the low 1865 to contact the strong resistance at 2040 and SMA200

200 points in two weeks indeed is very impressive.

The main reason come from the delay of FED in hiking rate.

Investors beleive that FED WOULD NOT HIKE RATE THIS YEAR, so they confidently buy Stock as a result.

However, I think this trend should stop here at key resistance.

Breaking Kumo cloud makes me surprised, but the rally shuould be limited.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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