S&P 500

SPX Technical Analysis 01/24/2022 - *Hammer Candlestick* [Daily]

219
SPX found ground at 4231 Support.

A beautiful hammer candlestick showed up on the daily chart today. A hammer candlestick indicates a potential price reversal to the upside. The price must start moving up following the hammer; this would confirm the reversal.

RSI extremely oversold at 20.

The Federal Reserves FOMC meeting tomorrow [01/25/2022], and Wednesday [01/26/2022] should help provide further direction of the market.

If dovish; expect a major rally. If hawkish; look out below.

Updates to follow.


*Trade the charts, not the noise that comes with corrections*

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.