S&P 500
TREND; The S&P 500 index is currently in an uptrend (Bullish), characterized by higher highs and higher lows since mid-August.
PLAN:
• The support zone around 5,670 acted as a base for a recent upward move.
• The 5,870 level seems to be a key resistance area, and price is currently testing this level.
• If the price breaks above the 5,870 resistance level, my potential target will be around 5,989.15.
• Note that the blue arrow indicates the measured move from the support level at 5,750 up to the resistance at 5,870, which could imply the projected target if this breakout occurs.
PLAN:
• The support zone around 5,670 acted as a base for a recent upward move.
• The 5,870 level seems to be a key resistance area, and price is currently testing this level.
• If the price breaks above the 5,870 resistance level, my potential target will be around 5,989.15.
• Note that the blue arrow indicates the measured move from the support level at 5,750 up to the resistance at 5,870, which could imply the projected target if this breakout occurs.
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.
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.