SPX Potential next move
Here I have two price channels and support and resistance estimates based on price action automated in H4 to look at what's happening with SPX and where we could potentially go from here.
The recent drop from around 4530 made a comeback just above the 4300 support line, but it looks like it will be tested at around 4452; if it fails, We might see a retest of previous support at 4415, 4394, 4358.
Resistance estimates at 4474, 4508, 4530
Here I have two price channels and support and resistance estimates based on price action automated in H4 to look at what's happening with SPX and where we could potentially go from here.
The recent drop from around 4530 made a comeback just above the 4300 support line, but it looks like it will be tested at around 4452; if it fails, We might see a retest of previous support at 4415, 4394, 4358.
Resistance estimates at 4474, 4508, 4530
