S&P 500, Wednesday forecast, July 24
The uptrend may be expected to continue, while pair is trading above support level 3001, which will be followed by reaching resistance level 3015.
A downtrend will start as soon, as the pair drops below support level 3001, which will be followed by moving down to support level 2995 and 2987.
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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