Wednesday 4 January 2023

S&P500 Index Futures Fighting hard to rebound from bottom end Cloud Chart support zones!: 3809/3855! Upside resistance at 3920/3926 to 3993!

 S&P500 Index Futures Fighting hard to rebound from bottom end Cloud Chart support zones!: 3809/3855! Upside resistance at 3920/3926 to 3993!

As long as the S&P500 trades above the bottom end of the cloud the CC is bullish for now but with added risk since price action is not totally clear of the cloud.  If the S&P moves below the bottom end CC level of 3809/3839 and trades below the CC then the outlook will be bearish. 


So far the S&P500 index is fighting hard to remain above the key CC support zones!




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