The uptrend may be expected to continue, while the S&P 500 is trading above support level 2897, which will be followed by reaching resistance level 2931.
S&P 500, Friday forecast, October 4
The uptrend may be expected to continue, while the S&P 500 is trading above support level 2897, which will be followed by reaching resistance level 2931 and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 2947. A downtrend will start as soon, as the S&P 500 drops below support level 297, which will be followed by moving down to support level 2874.
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