We are looking at a very possible upward move in the S&P. The result of the JOLTs report could possibly add to this upward move. The downward move lately is finding enough liquidity for a price upward. The present price is a strong support which when it gets broken may reach down to 3180.40 then going up back to 3223.79.
After retesting 1709.73 and possibly going farther to 1718.11, which is a well respected pivot point of resistance, it might go down following its trend. we are seeing a lower high lower low pattern as well in the 1 hour timeframe. after reaching the said pivot points of resistance, we could very well expect the price to go back to 1699.89 which is a possible...