SroshMayi

SPx 4h (Reversed or not...)

Long
OANDA:SPX500USD   Indice S&P 500
SPx forecast

The price reversed and stabilized above the resistance line which is 4478
so while trades above 4478 it has a bullish trend to reach 4505 and closing 4h candle above it will get 4528 and will continue the trend depending on their parallel channel

But, otherwise stabilizing under the channel it is about 4470 then will start falling till 4442

Today Indices will be volatile due to the News, so you should take care

Pivot Price 4478
Resistance prices: 4505 & 4530 & 4580
Support prices: 4443 & 4421 & 4392

The moving range is between 4528 and 4442

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