etsimastuottoa

SPX looks like heading upwards (for now)

FX:SPX500   S&P 500 Index
I believe SPX             is heading to the next resistance line (around 2160, yellow box). There is actually nothing before that (presuming we clear 2150 resistance). I will look over there how the price reacts. 0.618 fib is also there, so it could be a potential turnaround area. The FED meeting is at Wednesday so volatility could start picking up then just in time.

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