The above chart illustrates price action with S&P500 on the daily timeframe and so I wanted to point out that we are testing the 50% mid range pivot from the previous most obvious support and resistance levels. I know some of you might have the perspective that we held above Resistance on Friday and so that's why I wanted to point out this current pivot we're up against.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.