The S&P 500 index managed to rebound from support at a key cloud chart level of 2702. Need to see a continuation of this support rebound!
If support fails at this level, we can see downside towards the next key cloud chart support zone of 2677!
Thursday, 31 May 2018
S&P 500: Fighting for support at key cloud chart level!
S&P 500: Fighting for support at key cloud chart level!
The S&P 500 index managed to rebound from support at a key cloud chart level of 2702. Need to see a continuation of this support rebound!
If support fails at this level, we can see downside towards the next key cloud chart support zone of 2677!
The S&P 500 is still in an uptrend since price action is taking place above the top end of the cloud!
The S&P 500 index managed to rebound from support at a key cloud chart level of 2702. Need to see a continuation of this support rebound!
If support fails at this level, we can see downside towards the next key cloud chart support zone of 2677!
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