TECHNICAL ANALYSIS OUTLOOK - INDEX $SPX
Sun 03.Feb.2019
Ticker:
SPX
LAST= 2,706.53
S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 01.Feb.2019 at 2,716.66.
During the next few days the price is expected to go up for 2,730.00 and may continue to 2,745.00.
The Short-Term view is expected to continue to be UP as long as the price is above 2,680.00. And its recommended to ' BE LONG ' for a targeted price of around 2,750.00 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 2,670.00
Res_2 = 2,750.00
Res_1 = 2,720.00
Sup_1 = 2,695.00
Sup_2 = 2,670.00
Ticker:
SPXLAST= 2,706.53
S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 01.Feb.2019 at 2,716.66.
During the next few days the price is expected to go up for 2,730.00 and may continue to 2,745.00.
The Short-Term view is expected to continue to be UP as long as the price is above 2,680.00. And its recommended to ' BE LONG ' for a targeted price of around 2,750.00 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 2,670.00
Res_2 = 2,750.00
Res_1 = 2,720.00
Sup_1 = 2,695.00
Sup_2 = 2,670.00
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