Technical Analysis and Outlook:
During the current trading week, the S&P 500 Index has predominantly demonstrated an upward trajectory, surpassing the Mean Resistance level of 6046, the Outer Index Rally target of 6073, and the critical Key Resistance threshold of 6150. Currently, the index is exhibiting a bullish trend, indicating potential movement towards the Outer Index Rally objective of 6235. However, it is essential to note that there is a substantial probability that prices may retract from their current levels to test the Mean Support at 6136 before experiencing a resurgence.
During the current trading week, the S&P 500 Index has predominantly demonstrated an upward trajectory, surpassing the Mean Resistance level of 6046, the Outer Index Rally target of 6073, and the critical Key Resistance threshold of 6150. Currently, the index is exhibiting a bullish trend, indicating potential movement towards the Outer Index Rally objective of 6235. However, it is essential to note that there is a substantial probability that prices may retract from their current levels to test the Mean Support at 6136 before experiencing a resurgence.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.