Upside has stalled at 3258. Bears will need a daily close below 3200. Bulls will look to hold 3200 and retest the High within the next 2 weeks. Trump is signing Tariffs with China on Wednesday 15th Jan 2020 which could be the high point of SP500 before a pullback into Feb/March.
Mid term a hold around 3050 is require to keep the Bull going in 2020.
Long term a hold above the 200ema weekly now at 2600 will keep the uptrend going for this decade.
Mid term a hold around 3050 is require to keep the Bull going in 2020.
Long term a hold above the 200ema weekly now at 2600 will keep the uptrend going for this decade.

No comments:
Post a Comment