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Monday, July 05, 2021

πŸ’Ž S&P500: balance is dynamically rising, rally continues.

πŸ’Ž S&P500: balance is dynamically rising, rally continues.

S&P 500 CURRENCYCOM:US500

Key support for Monday 5 July is the balance of the day (4340.9).
⚙️ The main scenario is a successful test of this support and the subsequent rise to the limit seller (4361.4).
In case of a breakdown and fixation below the 4340.9 price level, the subsequent support for today will be the limit buyer (4329.2).
πŸ’‘ On a successful test of limit buyer (4205.9), the mid-term upside target will be the market maker's loss level (4300.9).
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