SPx - Price Surge, Key Levels, and Market Volatility Ahead
S&P 500 Technical Analysis:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.
So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH
Key Levels:
Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455
Expected Trading Range: 5672 - 5526
Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.
previous idea:
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Publications connexes
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.