SPX500USD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency the price trade below resistance trendline , indicates the price is under bearish pressure
- TURNING LEVEL : there is a blue line around 5,596 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level
- NEW RESISTANCE LEVEL: there is a green line around 5,625 , it indicates the progress of the index
- SUPPORT LEVEL : there is a red line around 5,544 , indicates buying have already increase this level , and in this level create a demand zone
- PRICE MOVEMNET : the price stabilizing below turning level around 5,596 , in my opinion until the price trade below turning level , reach a support level at 5,544 , then breaking this level reach a next target at 5,503 , if the price breaking turning level create a new resistance level at 5,625 and 5,661
TARGET LEVEL :
- RESISTANCE LEVEL : 5,625 and 5,661
- SUPPORT LEVEL : 5,544 , 5,503
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The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
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.