S&P 500: Trading recommendations
|The S&P 500 remains in the long-term bull market. Above the important short-term support levels 4231.0, 4186.0, 4155.0, long positions in the S&P 500 are not in danger.
A breakdown of the local resistance level of 4267.0 will be a signal for the resumption of the bullish trend of the S&P 500 and its further growth.
The first signal for the implementation of an alternative scenario may be a breakdown of the support level 4231.0.
Support levels: 4244.0, 4231.0, 4200.0, 4186.0, 4155.0, 4000.0, 3953.0, 3842.0.
Resistance levels: 4267.0, 4300.0, 4325.0, 4400.0.
Trading recommendations
Sell Stop 4229.0. Stop-Loss 4268.0. Targets 4200.0, 4186.0, 4155.0, 4000.0, 3953.0, 3842.0.
Buy Stop 4268.0. Stop-Loss 4229.0. Targets 4300.0, 4325.0, 4400.0.
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