S&P500 / Continued Volatility in the Markets

Continued Volatility in the Markets

Investors should brace themselves for continued market whiplash, as Thursday's trading session indicates that volatility remains a significant concern.

The S&P 500 (SPX) has stabilized within a bearish trend, targeting 4923 soon. The current volatility and technical indicators suggest bearish momentum.

Bullish Scenario:
For a shift to a bullish trend, the price needs to stabilize above 5260, potentially reaching 5291 and 5327.

Bearish Scenario:
As long as the price trades below 5214, the bearish trend is expected to continue toward 5130 and 5040.

Key Levels:
- Pivot Line: 5214
- Resistance Levels: 5260, 5281, 5327
- Support Levels: 5130, 5040, 4925

Today's Expected Trading Range: The price is anticipated to fluctuate between 5215 and 5130.

Direction: Downward

SPX (S&P 500 Index)S&P 500 (SPX500)Supply and DemandSupport and ResistancetrendTrend Analysis

my free signals channel telegram

t.me/Srosh_signals

~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%

SM World and Economy News 24/7
Urgent News ⚡️:

t.me/SM_News_24h
Auch am:

Verbundene Veröffentlichungen

Haftungsausschluss