Sforex
Long

S&P500: A bounce at 2015 low, could it be a sustainable bounce ?

INDEX:SPX   S&P 500 Index
235 0 3
Last week, we see SPX             bounced back at 2015 low around 1800 level.

This is a strong support, market immediately reacted when SPX             reached this level.

The question is Could it be a sustainable bounce for just a trap ?

The uncertainty around the world cause the cautiousness for investors want to buy Stock .

This week, the main focus are FOMC Minutes, US CPI             data, Housing Starts, Building Permits and Industrial Production. Positive data could confirm for a real bounce.

I hope SPX             test the resistance 1940 this week.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out