TrendFather

SPX New height or rollback?

OANDA:SPX500USD   S&P 500 Index
If at the opening of the market there is no rapid impulse and the price rebounds from the resistance level of $ 3232, then the price will move closer to $ 3138.

But based on the daily chart, we can see a slight consolidation below the $ 3232 level without the sellers' reaction. That is, the price may go up tomorrow with a target of $ 3394.

From fundamental analysis, there are more factors for the market to turn down, but as we can see, this has not worked for the last month.
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