paradox677

SPX500USD 2021 Jan 25 Week

OANDA:SPX500USD   S&P 500 Index

SPX500USD 2021 Jan 25 Week

After the recent high showing supply, 2nd last bar again is a sign of weakness.

Besides, it has fallen out of channel and
If price broke 3820 and it becomes resistance
and let's see if a lower high is formed to confirm change in trend in the near term.


Resistant3 = 3927.5
Resistant2 = 3883.90 - 3894.20
Resistant1 = 3862 - 3869

Support1 = 3820 - 3833
Support2 = 3774.5 - 3784
Support3 = 3723.5 - 3728


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Have a safe and successful trading week ahead. SPX500USD

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