SPx (it looks bullish)SPX500 New Forecast
The price is expected to attempt to reach the resistance level at 5360. It may correct down to 5304 before resuming its bullish trend.
As long as the price remains above 5320 and 5304, the bullish trend is likely to continue towards 5360. If the price breaks through this level, it is anticipated to reach 5390 and potentially 5480.
Pivot Line: 5313
Resistance Levels: 5360, 5390, 5480
Support Levels: 5293, 5266, 5226
Today’s expected trading range is between the support 5281 and the resistance 5360.