Tuesday 6 December 2022

S&P500 Index: Reversed lower after hitting Cloud Chart resistance at 4101 resistance zone!

 S&P500 Index: Reversed lower after hitting Cloud Chart resistance at 4101 resistance zone on the weekly Cloud Chart (CC).  Key CC  resistance zones are 4101/4162, with downside risk towards 3926/3882 on weekly CC. Price action below the Cloud remains bearish with rebound short-term swing trades the key trading strategy below the Cloud.

 



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