In SPX, price consolidation continues and the uncertainty of further movement remains. In past reviews, we considered the fall of the index as a priority scenario, and we will return to it if the price falls below 3900p. The 4113p and 4322p levels are critical for the downtrend, and if they are overcome, SPX will move into an active growth phase. We’ll continue...
Our preferable scenario was violated by the price rising above 4010. The fall of the index is in doubt, and this scenario may be completely canceled if it rises above 4320. We don’t cancel the fall option, it is possible if the SPX500 returns below 3900. We will continue to look the SPX500.
