SPX daily 4 Dec Sun
4 Dec Sun
Most importantly price has broken above one year old resistance and 200 EMA with strength. Supply zone at 4100 has been eaten into already. There was reaction down and immediate bounce up. Looks that bulls have enough strength to break above 4100. Rally to 4200 in this week possible.
Overall bullish.
Most importantly price has broken above one year old resistance and 200 EMA with strength. Supply zone at 4100 has been eaten into already. There was reaction down and immediate bounce up. Looks that bulls have enough strength to break above 4100. Rally to 4200 in this week possible.
Overall bullish.
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