S&P 500 (SPX) Rejected on Major Moving Averages - Heading to the Resistance at $2800

in #stock6 years ago

#SPX

sp 09 07.PNG

S&P 500 is growing very fast, bouncing on the major moving averages 60 and 240.
The price is heading towards a very strong resistance at $2800, forming a pattern that is called ascending triangle.
I believe that we will see a breakout by the end of July, with the price trying to reach new highs around $2870.

Follow me: @forex-intraday

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To support your work, I also upvoted your post!

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nice chart bro :)
please upvote me also