Market rebound as predicted, where The SPX will go tomorrow tomorrow!
S&P500 Trend Analysis – SPX (EoD) Chart
Market closed in green breaking 7 Days loosing streak
Hourly turned sideway but daily trend is still down.
Support is around 4965 and 5040 is the first resistance and swing highs is 5060.
As predicted in last post we had good relief rally today and trend may continue tomorrow as well.
Day action can be volatile as big tech companies coming up earning tomorrow!
Please note these are just ideas and only opinions and not a financial advice.
To get regular updates on stocks, please join our Discord community.
Our Articles on Long-Term Stock Analysis
My best read on trading is this Book