TECHNICAL ANALYSIS OUTLOOK - INDEX $SPX
Mon 18.Feb.2019 11:48[UTC+3]
Ticker:
SPX
LAST= 2,775.60
S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 15.Feb.2019 at 2,775.66.
During the next few days the price is expected to go up to test the second resistance level of 2,820.00
The outlook is expected to continue to be UP as long as the price is above 2,750.00 .And, its recommended to ' BE LONG ' for a targeted price of around 2,820.00 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 2,725.00
Res_2 = 2,820.00
Res_1 = 2,790.00
Sup_1 = 2,760.00
Sup_2 = 2,730.00
Ticker:
SPXLAST= 2,775.60
S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 15.Feb.2019 at 2,775.66.
During the next few days the price is expected to go up to test the second resistance level of 2,820.00
The outlook is expected to continue to be UP as long as the price is above 2,750.00 .And, its recommended to ' BE LONG ' for a targeted price of around 2,820.00 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 2,725.00
Res_2 = 2,820.00
Res_1 = 2,790.00
Sup_1 = 2,760.00
Sup_2 = 2,730.00
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