SP500 INDEX Trend analysis 4

11 окт. 2021 г.

SP500 price at 4H timeline didn't break up the EMA 60 resistence. indeed 23 fibonacci levels and red angle line. the EMA 20 is acting as resistance but didnt cross EMA 60. The Relative Strenght is taking force at 54.5 point so confirmation is needed for the real trend. Meanwhile a lateral movement is possible.