vanathi

S&P 500 - Its All in Patterns...

vanathi Mod Updated   
SP:SPX   S&P 500 Index
In our previous post we have seen a rounding top pattern.

Now a small rounding top is forming which creates a cup and handle pattern.

Support zone remains the same.

4415 - 4435 will act as the support if price fall.

This pattern will become invalid if it breaks upside and sustains above 4476 and fill the gap.

What you think? Gap filling or falling?

Give like and do comment to encourage the author.

Comment:
Gap filled. High made 4511.
Comment:
Current level is also a support level.

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