Hello! Welcome to this update on S&P 500 analysis.
Price is between support and resistance levels:
Resistance: 280.92
Support: 259.85
Price is below 200SMA which is a sign of bearishness.
Based on where the SP500 is situated at this time I think the most likely price path is in the projected price path shown on the chart.
Thanks and please Like or Follow if you enjoy this post!
Price is between support and resistance levels:
Resistance: 280.92
Support: 259.85
Price is below 200SMA which is a sign of bearishness.
Based on where the SP500 is situated at this time I think the most likely price path is in the projected price path shown on the chart.
Thanks and please Like or Follow if you enjoy this post!