S&P 500 – psychological price line breached

S&P 500 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 3882.3601 within the next 17 hours.


Trade Now Sign Up
Try a Free Demo Account

Leave a comment