Hello Everyone there is the S&P 500 Index
SPX500USD Outlook
The price can stabilize at the bearish zone after failing to cross 4580 which is the resistance line
There are two scenarios for the SPx Index:
First Scenario:
breaking 4580 by closing the 4h candles, will remain a bullish trend to the next resistance which is located at 4649
Second Scenario:
as long as the price trades under 4580 will support falling to get 4526, and to continue the bearish trend should break 4494
Now we are at the first scenario (bearish tendency)
Pivot line: 4580
Resistance Prices: 4603 & 4632 & 4649
Support Prices: 4526 & 4494 & 4442
The movement range will be between 4580 and 4494
SPX500USD Outlook
The price can stabilize at the bearish zone after failing to cross 4580 which is the resistance line
There are two scenarios for the SPx Index:
First Scenario:
breaking 4580 by closing the 4h candles, will remain a bullish trend to the next resistance which is located at 4649
Second Scenario:
as long as the price trades under 4580 will support falling to get 4526, and to continue the bearish trend should break 4494
Now we are at the first scenario (bearish tendency)
Pivot line: 4580
Resistance Prices: 4603 & 4632 & 4649
Support Prices: 4526 & 4494 & 4442
The movement range will be between 4580 and 4494
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h