SroshMayi

SPx 4h (Parallel channel)

Kort
OANDA:SPX500USD   S&P 500-index
SPx

The price dropped and perfectly fulfilled our previous target which was 4215 and is still toward 4177

Stabilizing under 4215 will reach 4177 and then will touch the lower of the trend which is about 4122

Otherwise, stabilizing above 4215 then will move between 4177 and 4215 till breaking

As long as the price trades under 4269, it will be bearish till 4215

Pivot Price 4215
Resistance prices: 4256 & 4310 & 4336
Support prices: 4177 & 4142 & 4115

The moving range will be between 4215 and 4125



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