SroshMayi

SPx 4h (Outlook for this week with Interest rate affect)

OANDA:SPX500USD   S&P 500 Index
Technically affect:


the price will try to reach the resistance zone near 3945 and then will drop because don't have the power to complete its uptrend and the Interest Rate of the US Federal will affect the indices for a downtrend due to the rising 75 basis points

this rising will support the trend to stay in the bearish zone

and by any reason, if can stable above 3963 then it will start a new uptrend direction

Pivot Price: 3906 & 3915
Resistance Price: 3945 & 3962 & 3993
support price: 3875 & 3838 & 3801

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