REDATOR Ben Graham Posted 2 hours ago REDATOR Report Share Posted 2 hours ago [#SPX] With both EMAs position which is in a Golden Cross, there is potential for #SPX today to strengthen toward its nearest resistance level. Key Levels1. Resistance. 2 : 7023.042. Resistance. 1 : 6992.863. Pivot : 6936.624. Support. 1 : 6906.445. Support. 2 : 6850.20Tactical ScenarioPositive Reaction Zone: If the price breaks out above 6992.86, there is a likelihood of a rise toward 7023.04.Momentum Extension Bias: If 7023.04 is broken, there is potential to test 7079.28.Invalidation Level / Bias RevisionThe upside bias weakens if the price breaks down and closes below 6Technical Summary EMA(50) : 6918.05EMA(200): 6885.67RSI(14) : 49.53Economic News Release Agenda:Tonight the United States will release the following economic data:US - Unemployment Claims - 20:30 WIBUS - Natural Gas Storage - 22:30 WIBThe material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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