Tuesday 7 February 2023

S&P500 Index: Rebound rally running into resistance zones of 4157/4220 zones! Consolidation risk high here towards 4068/3979/3908 & 3835 if resistance holds!

 S&P500 Index: Rebound rally running into resistance zones of 4157/4220 zones! Consolidation risk high here towards 4068/3979/3908 & 3835 if resistance holds! Really need to see a sustained breakout past 4220 Cloud Chart resistance zone for the CC to change to bullish from bearish. Price action below the Cloud remains bearish. Risky times ahead! 




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