S&P500: What's after a closing in hesitation?
The S&P500 managed to thwart the downfall that threw it few steps away from 1869.22, end the session in the green. The current trend is still bearish: volatility is higher, the bollinger bands are spreading up, and the benchmark was trading outside of those bands yesterday.
A bullish gap at the opening will suggest a movement towards 1912, with 1906 as a primary objective.
A bearish gap at the opening will suggest a downfall towards 1856.39, with 1869.22 as a primary objective.
The daily Pivot Point is around 1885.16. The daily support levels are around 1870.84 and 1857.59. The resistance levels are around 1898.41 and 1912.73.
A bullish gap at the opening will suggest a movement towards 1912, with 1906 as a primary objective.
A bearish gap at the opening will suggest a downfall towards 1856.39, with 1869.22 as a primary objective.
The daily Pivot Point is around 1885.16. The daily support levels are around 1870.84 and 1857.59. The resistance levels are around 1898.41 and 1912.73.
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