S&P 500, Tuesday forecast, July 23
The uptrend may be expected to continue, while pair is trading above support level 2987.50, which will be followed by reaching resistance level 3003.
A downtrend will start as soon, as the pair drops below support level 2987.50, which will be followed by moving down to support level 2977.50.
Weekly forecast, July 22 - 26
The uptrend may be expected to continue, while pair is trading above support level 2974.50, which will be followed by reaching resistance level 3015 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 3045.
A downtrend will start as soon, as the pair drops below support level 2974.50, which will be followed by moving down to support level 2947.50.
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