SPX - Support & Resistance levels
Market structure has temporary shifted direction to a downtrend holding resistance at around 2815. It seems 2800 which was resistance before is now support & that a fair price is somewhere around it. Hence from the Renko chart I expect the market travelling to the following levels:
Resistance levels:
2815
2810
2806
Support levels:
2800
2795
2776
Resistance levels:
2815
2810
2806
Support levels:
2800
2795
2776
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