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Long

S&P500 faces resistance at 1910, break above targets 1954/1975

FX:SPX500   S&P 500 Index
204 0 3
Major resistance- 1910 ( trend line joining 1954 and 1916).

The index is facing strong resistance around 1910 and any break above will take the index to next level till 1955/1973 (200 day 4 HMA ).

On the lower side minor support is around 1880 ( trend line joining 1810 and 1871) and minor weakness can be seen below this level.

Break below targets 1864/1852. Short term bullish invalidation only below 1800.

It is good to buy above 1910 with SL around 1880 for the TP of 1954/1975
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