SPX supports to hold

5 ต.ค. 2022

The price is finally giving up, recent history is showing that the rallies are lasting 2 days, will it repeat today and we close red, we will see.

Numbers of importance for today:
Support:
- 3749 (on closing level)
- 3712.40
- 3680-88SPX (Again this number as an important) support, now becomes an ideal target)
- 3640.50 is a final must hold on any close today and tomorrow
Resistance:
- 3830
- 3860
- 3875

Tomorrow must be very careful with longs! this can really fall tomorrow if no turn today.

5 ต.ค. 2022

บันทึก

3640.50 is a super important closing level. If it closes below it tomorrow, we will see new lows all the way to low 3400!
So careful with longs, watch the levels, have stops!

5 ต.ค. 2022

บันทึก

I see a lot of support confluence at 3680-88 level

5 ต.ค. 2022

บันทึก

Watch 110MA on 1H to determine bear/bull trend