SPx / Wall Street Gains Momentum

14 thg 10, 2024

Earnings Outlooks Lift Wall Street Pre-Bell; Asia Mixed, Europe Flat

Technical Analysis:

The price is exhibiting a bullish trend, with a potential target of 5863, as it has already stabilized above 5807. However, a retest of 5807 may occur before resuming the bullish trend. For a bearish outlook to materialize, the price must close below 5781 on the 4-hour chart.

Key Levels:
Pivot Point: 5820
Resistance Levels: 5863, 5891
Support Levels: 5807, 5759, 5732

Trend Outlook:
Bearish below 5781
Bullish above 5807

16 thg 10, 2024

Đóng lệnh: đạt mục tiêu

SPx
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Technical Analysis:
The price recently reached its all-time high before reversing, as previously noted. Currently, it is approaching the 5,807 level, and a break below 5,781 would confirm a bearish trend. Alternatively, stability above 5,807 would support a bullish outlook, with potential targets at 5,863 and 5,891.

Key Levels:
Pivot Point: 5820
Resistance Levels: 5863, 5891
Support Levels: 5807, 5759, 5732

Trend Outlook:
Bearish below 5807
Bullish above 5821