Sublime_Trading

S&P 500 Finding Resistance Difficult To Penetrate

Long
SP:SPX   L'indice S&P 500
Last post: August 7th 2019. See chart.

Review: Price was finding support after breaking through a previous support level.

Update: Price has started to go sideways and is struggling to break above the resistance level.

Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.

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