S&P 500 Analysis after closing bell

  • No breakout in month chart yet.the down trend line from 2007 was tested and rejected last week.
  • Weekly chart's breakout was tested today. Price violated the resistance line but came back to close the day above the line.
  • Daily chart shows price getting support near 20 Day SMA. Any weakness will be visible in this time frame. Closing below 20 Day SMA will strengthen bears.
  • ES FOUR HOUR CHART ANALYSIS

Posted by San at 4:18 AM

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