Yesterday, the S&P 500 index touched the 1573-1576 zone, which we can now treat as our new pivot resistance. In order for the "right shoulder" to build the market shouldn't go much above that in coming sessions. Support stands at 1560 and then 1552, with the 50-day moving average at 1541.
Yesterday, the S&P 500 index touched the 1573-1576 zone, which we can now treat as our new pivot resistance. In order for the "right shoulder" to build the market shouldn't go much above that in coming sessions. Support stands at 1560 and then 1552, with the 50-day moving average at 1541.
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