SPx
The price is perfectly fulfilled with our last idea,
The Market dropped in all indices due to the high inflation in the U.S. and Interest Rates still rise till the last of this year and also next year,
Technically:
The direction of the S&P500 index has a strong support zone about 4310 and 4273, So the next bearish area will start when the price can stabilize under this zone to reach 4177 and 4059
But depending on the parallel channel we have a strong pullback at the support zone, in the lower of the channel which is about 4310 to get 4370 and 4442
Pivot Price 4338
Resistance prices: 4370 & 4391 & 4442
Support prices: 4310 & 4272 & 4208
Today's moving range will be between 4310 and 4370
The price is perfectly fulfilled with our last idea,
The Market dropped in all indices due to the high inflation in the U.S. and Interest Rates still rise till the last of this year and also next year,
Technically:
The direction of the S&P500 index has a strong support zone about 4310 and 4273, So the next bearish area will start when the price can stabilize under this zone to reach 4177 and 4059
But depending on the parallel channel we have a strong pullback at the support zone, in the lower of the channel which is about 4310 to get 4370 and 4442
Pivot Price 4338
Resistance prices: 4370 & 4391 & 4442
Support prices: 4310 & 4272 & 4208
Today's moving range will be between 4310 and 4370
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
