S&P 500 (SPX) | Bulls are Back
S&P 500 (SPX) has been in bullish trend since March of 2020. It has been following bullish parallel channel by heart.
Recently it has broken the trendline but found a good support at Fib Level 0.236.
We are expecting bulls to be active again as they were little tired with almost 2 years of trend.
This support zone will be important level and bounce is expected from here to atleast recent high and if broken to ALL TIME HIGHS.
Trade your levels accordingly.
Don't forget to share your valuable feedback in comment section.
Check our other Forex and Crypto Setup on Profile.
Recently it has broken the trendline but found a good support at Fib Level 0.236.
We are expecting bulls to be active again as they were little tired with almost 2 years of trend.
This support zone will be important level and bounce is expected from here to atleast recent high and if broken to ALL TIME HIGHS.
Trade your levels accordingly.
Don't forget to share your valuable feedback in comment section.
Check our other Forex and Crypto Setup on Profile.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.