S&P 500 (2H chart) @ 6 December 2022

S&P 500 (2H chart) @ 6 December 2022

Drilling down to the more granular 2-hour chart, it's clear that the S&P 500 is at another make-or-break situation...

- Index is testing the strong support (blue line)
- Index previously rejected two strong resistances:- (i) mid-term trendline (red line) and (ii) long-term counter-trendline (orange line)
1hourtraderresistancessp500indexSupport and ResistancesupportsTrend Lines

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