SroshMayi

SPx (bullish retracement )

Long
OANDA:SPX500USD   Indice S&P 500
S&P 500 new forecast

The price of SPx tries to reach the resistance line which is 5019 and 5044, because it trades under bullish pressure due to the Earnings we had Today,

If the 4-hour candle closes below 4986, it could trigger a bearish trend, potentially reaching 4953 and 4907.

Pivot line: 4997
Resistance Prices: 5044, 5080, 5140
Support Prices: 4954, 4907, 4876

The movement range will be between support 4953 and Resistance 5080

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