The SPX (S&P 500 index) has been in a uptrend, making a series of higher-highs and higher-lows in price.
A potential pullback play is forming, and the price could fall to the horizontal support levels or support trendline.
Support levels: 3162.39 and 3131.83 and 3024.60.
Resistance levels: 3234.47 and 3263.00 and 3328.58.
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Thanks for checking out this chart idea. Click Like, Follow, and always remember: NO FOMO.
A potential pullback play is forming, and the price could fall to the horizontal support levels or support trendline.
Support levels: 3162.39 and 3131.83 and 3024.60.
Resistance levels: 3234.47 and 3263.00 and 3328.58.
__________________________________________________________________________________________________
Thanks for checking out this chart idea. Click Like, Follow, and always remember: NO FOMO.
Note
06/11/2020: First set of Support targets reached.Second set of Support Targets for SPX: 2964.60 and 2844.50 and 2777.81.
Trade fermée: cible de profit atteinte
SPX: Target Completed.
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Follow Me on TradingView and Youtube.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.