S&P 500: Correction To Level 3283.25 While Trading Above Level 3243.5
S&P 500, ES futures market
Monday forecast, February 24
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3243.50, which will be followed by reaching resistance level 3283.25 and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 3325.
Downtrend
A downtrend will start or from resistance 3283.25, or as soon, as the S&P 500 drops below support level 3234.50 which will be followed by moving down to support level 3223.50.
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Disclaimer: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. ...
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