Gurmeet

SPX Outlook for Tomorrow 04

SP:SPX   S&P 500 Index
SPX closed in green 5200 but could not sustained the morning rally. Open and low of the day was the same, this is positive for the market at this point

– Weekly Trend is up

– Daily Trend is up

– Hourly Trend is still down

– Weekly swing high is around 5255 and first resistance is around 5234

– Weekly swing low is around 5180 but if this breaks next support come just below 5160.

Gurmeet Singh,
Life Begins At The End of your Comfort Zone..
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