Arazmajeed

SPx 4H (waiting for CPI)

Short
OANDA:SPX500USD   Indice S&P 500
SPx

OUTLOOK

The price of SPx reached at the support zone and couldn't break it and rise up again

Currently , stabilized under 4525 - 4534 it help the price to drop again and lose more points to reach 4501 and 4478

otherwise , consolidation above 4534 it will help the price to rise up and reach 4554 and 4579

I expect trading range for today it will be between 4525 and 4478


Additionally, today News and New York season will affect on the market directly

And the decision in the hand of CPI

support line :4501 , 4478
resistance line : 4534 , 4554


what is your opinion ??

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