SPX nearing support of 4540 with coincides with the bottom of the trend channel. Next levels of support if broken will be 4511, and 4284.
RSI currently sitting near the oversold level of 30.
Expect volatile markets with rampant covid cases / hospitalizations throughout the US and the federal reserve determining the route it will take to battle the high levels of inflation [Rate Hikes].
RSI currently sitting near the oversold level of 30.
Expect volatile markets with rampant covid cases / hospitalizations throughout the US and the federal reserve determining the route it will take to battle the high levels of inflation [Rate Hikes].
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