S&P500, uptrend continue to 3003, while market is trading above 2987.50
S&P500, Tuesday forecast, July 23
The uptrend may be expected to continue, while pair is trading above support level 2987.50, which will be followed by reaching resistance level 3003.
An downtrend will start as soon, as the pair drops below support level 2987.50, which will be followed by moving down to support level 2977.50.
Weekly forecast, July 22 - 26
The uptrend may be expected to continue, while pair is trading above support level 2974.50, which will be followed by reaching resistance level 3015 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 3045.
An downtrend will start as soon, as the pair drops below support level 2974.50, which will be followed by moving down to support level 2947.50.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-