Indeks S&P 500
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SPX/ Bullish Breakout or Bearish Continuation?

97
Hello Traders

SPx technical analyses

The price is currently trading within the high zone between 6,099 and 6,026. The level at 6,099 has caused the price to decline and initiate a correction. For today, it is anticipated that the price will continue its bullish attempts to break this resistance. A breakout above the resistance level could lead to a rise toward a new high at 6,160. Conversely, if the correction persists and the price falls below 6,026, confirmed by the closing of a 4-hour candle, it would indicate the continuation of a bearish trend.

Tendency Keys: 6099
Resistance Line: 6099, 6160
Support Line: 6026, 5997, 5938

Pernyataan Penyangkalan

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