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Thursday, July 22, 2021

⚠️ S&P500: will there be a profitable buying opportunity?

⚠️ S&P500: will there be a profitable buying opportunity?

S&P 500 CURRENCYCOM:US500

Over the past trading day, the week's balance test (4320.5) and the subsequent rise have been successfully worked out, realising the main scenario.
There is a possibility of a corrective decline during the second half of the current trading week and an additional medium-term bullish buying at the best prices.
The nearest support in this case is a limit buyer (4341.2).
In case of a rebound and fixation above the limit buyer (4341.2) the nearest upside target before the currency close will be the limit seller (4371.6)
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