back in March, 2720 has been a magnet for SPX.The trendlines channel looks weak for SPX, but close to be oversold...
I have no opinion for now, but the lower trendline in an oversold area may show some support.
I have no opinion for now, but the lower trendline in an oversold area may show some support.
Commentaire:
keep in mind, window dressing for the end of the quarter will start soon... for bonuses... 2700 should hold this week, and a significant bounce above the 2720 area is to be expected by friday.