SPX Outlook week of 05/12
SPX 4100 remains the major flip point. Above 4100 we can see 4145-4150 and above that maybe test the daily resistance at 4200.
With that in mind, it could get VERY ugly under 4100. A drop to 4000-3950 could occur if it doesn't hold.
Good luck.
With that in mind, it could get VERY ugly under 4100. A drop to 4000-3950 could occur if it doesn't hold.
Good luck.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.