Can SP500 holding the weekly lows? - #stocks #sp500 #spy

22 апр. 2022 г.

As we enter the last trading day of the week, the stock market has pulled all the way back to the weekly lows and have found some support before the NA trading session. With the momentum from yesterdays selloff still lingering around, its looking increasingly likely that the 4355 support level will give away to the bears as sentiment turns sour. Any rallies in todays trading session should be viewed with caution and perhaps sold off. There is resistance at 4440 if we do get any bounce.