S&P 500: Downtrend Continues To Level 3191 While The Market Is Trading Below Resistance Level 3158.50
S&P 500, ES futures market
Wednesday forecast, February 26
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3158.50, which will be followed by reaching support level 3091.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3158.50, which will be followed by moving up to resistance level 3180.75 and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 3213.75.
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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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