S&P 500 Finding Resistance Difficult To Penetrate
Last post: August 7th 2019. See chart.
Review: Price was finding support after breaking through a previous support level.
Update: Price has started to go sideways and is struggling to break above the resistance level.
Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price was finding support after breaking through a previous support level.
Update: Price has started to go sideways and is struggling to break above the resistance level.
Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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