4200 coming?
1. SPX weekly chart has been trading in an upward channel since the low of Oct 22. It tried to breakout of the upper end of the channel a couple of weeks back but failed. We have now seen the rejection and a bearish bar from that location.
2. The pivot high of Jan 2023 at 4200 could act as support now. The level coincides with the bottom of the channel too, as indicated on the chart.
We could possibly get to 4200 in the next 8 to 10 weeks.
2. The pivot high of Jan 2023 at 4200 could act as support now. The level coincides with the bottom of the channel too, as indicated on the chart.
We could possibly get to 4200 in the next 8 to 10 weeks.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.