SPx
The index price confirmed its adherence to the dominance of the bullish bias, by forming a new bullish wave recently, to settle above the support for the ascending channel represented at 4095.00, and then to settle near the first positive target, which is stationed at 4145.00.
Currently, with the main indices uniting in providing positive momentum, this calls for us to hold on to the bullish bias, to keep waiting for the price to attack the stable barrier at 4200.00, which by breaching it will confirm its readiness to record new gains that may start from 4255.00.
Pivot Price 4130
Support prices: 4115 & 4102 & 4073
Resistance prices: 4177 & 4198 & 4221
The expected trading range for today is between 4115 and 4177
The expected general tendency for today: Bullish
The index price confirmed its adherence to the dominance of the bullish bias, by forming a new bullish wave recently, to settle above the support for the ascending channel represented at 4095.00, and then to settle near the first positive target, which is stationed at 4145.00.
Currently, with the main indices uniting in providing positive momentum, this calls for us to hold on to the bullish bias, to keep waiting for the price to attack the stable barrier at 4200.00, which by breaching it will confirm its readiness to record new gains that may start from 4255.00.
Pivot Price 4130
Support prices: 4115 & 4102 & 4073
Resistance prices: 4177 & 4198 & 4221
The expected trading range for today is between 4115 and 4177
The expected general tendency for today: Bullish
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~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
