Rotuma

SPX S&P 500 short to medium term price forecast

SP:SPX   S&P 500 Index
The Index prices have formed a downward price channel in the 15 minutes time frame closing the last session with a price gap to the downside.

I am expecting the price action to react to my support and resistance marked on the chart in the next couple of days so keep a close watch

A break above 2718.34 could see prices head up to around 2732.61 resistance and a break below 2703.33 support could see prices head down to around 2679.47. There are other support and resistance marked on the chart for future references

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