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HomeTechnical OutlookS&P500 Technical Outlook For April 29

S&P500 Technical Outlook For April 29

S&P 500

Marketing turning bullish again where we reaching tomorrow?

S&P500 Trend Analysis – SPX (EoD) Chart

Market look strong now as last Friday closed near 5100.

Most earnings are good so far.

Hourly and daily trend both up now.

SPX support is around 5070 and 5123 area is small resistance. swing high and lows are 5148 and 5060.

Is I mentioned in my las post we manage to close around 5100 as bond yield cooled off. I see more upside from here than downside tomorrow.

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