Rotuma

SPX S&P 500 Index Technical Analysis

SP:SPX   S&P 500 Index
1.The Index was down for the last three trading session after failing to break the resistance trend line around 2790 price point
2. Prices are currently holding just above 2674 support price point and it's 200 moving average at 2677
3. Failure to hold at the current support could see the index prices fall further to 2645, 2620, 2588 or all the way to its 500 moving average price line in blue colour
4. If it holds at the current support then we might see a price channel to the upside

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.