SPx / Correction to 5620 then uptrend...

Aktualisiert
S&P 500 Technical Analysis:

The price recently tried to reach its ATH
The current price will correct to 5620 and again will push up to get their ATH if can break 5643
otherwise should stabilize under 5620 to get 5584 and 5548

Key Levels:
Pivot Line: 5643
Resistance Levels: 5675, 5709
Support Levels: 5620, 5584, 5525

Expected Trading Range for Today: The price will fluctuate between 5675 and 5585.

Trend: Downward correction then uptrend
Trade geschlossen: Ziel wurde erreicht
SPx
Update

Hit target +380 pip ✅✅✅

Still, the price has a strong bearish volume toward 5526 and continues at the dropping.

You can close your position at profit or if you want to hold, put your SL at 5573

Timeframe 4h
Snapshot
Supply and DemandSupport and ResistanceTrend Analysis

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