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S&P 500
Short

SPX reverse off horizontal swing high resistance, further

Par Tickmill
Courtier
SPX reversed off our first resistance at 2956.0 (horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 2856.0 (horizontal swing low support, 38.2% Fibonacci retracement , 100% Fibonacci extension ). Stochastic is also approaching support.
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Chart PatternsEquityHarmonic PatternsSPX (S&P 500 Index)Trend Analysis
Tickmill
Courtier
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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