S&P500: Watch the 52-week moving average #SPX #STOCKS

The 52 week(yearly) simple moving average has been underpinning the index for the whole bullish wave since early 2016. I will be watching the weekly closing as if we break it it could confirm a change in the slope of the supply demand equation. An immediate target would be 2550 next major support area.

تعليق:

52 week average breakout confirmed.