SasanSeifi

SasanSeifi 💁‍♂ S&P Index đŸ”Œ4185 / 4220 / 4240

SasanSeifi Uppdaterad   
CAPITALCOM:US500   US 500
Hey there!
In the 4-hour time frame, the S&P index, as observed, has shown positive reactions after a decline, starting from the range of 4100, and is currently trading around 4157. The expectation we can have in the 4-hour time frame is that, following this consolidation, we may witness growth towards the ranges of 4180 / 4220 / 4240. To better understand the continuation of this price movement, it's crucial to see how it reacts to the resistance ranges. There's a possibility of a rejection from these levels.

Additionally, if it manages to penetrate above the supply zone and establish itself, the target range of 4300 can be considered. Maintaining the support range of 4100 is very important for the desired scenario

đŸ””Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌

❎ (DYOR)...⚠⚜

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Kommentera:
▫As you can see, the market is moving according to the anticipated scenario.

Due to important economic reports, there is a possibility of significant fluctuations. Please manage your trades. ⚠
Kommentera:
As expected, the S&P index has managed to reach the desired target of 4240 so far.
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