S&P500: Blasted past cloud chart resistance! So far so good!
S&P500 had quite a rally past few days as it blasted past top end cloud chart resistance , and blasted right past the 3500 resistance zone! Price action above the cloud on 4H basis and that is bullish! Consolidation risk back down to 3500/3449 support zones! These are the Q4 support levels. A snap bnack swing trade can offer secondary entry points in the year end rally.