TECHNICAL ANALYSIS OUTLOOK - INDEX $SPX - S&P 500 Index (SP:SPX)
Ticker: SPX
LAST= 2,822.48
SPX500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 15.Mar.2019 at 2,830.73.
During the next few days the price is expected to go up for 2,840.00
The Short-Term view is expected to continue to be UP as long as the price is above 2,803.46. And, it’s recommended to ‘BE LONG ' for a targeted price of around 2,865.00 taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 2,758.40
Res_2 = 2,843.40
Res_1 = 2,826.00
Sup_1 = 2,808.75
Sup_2 = 2,791.40
LAST= 2,822.48
SPX500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Fri 15.Mar.2019 at 2,830.73.
During the next few days the price is expected to go up for 2,840.00
The Short-Term view is expected to continue to be UP as long as the price is above 2,803.46. And, it’s recommended to ‘BE LONG ' for a targeted price of around 2,865.00 taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 2,758.40
Res_2 = 2,843.40
Res_1 = 2,826.00
Sup_1 = 2,808.75
Sup_2 = 2,791.40