Join senior market strategist and trading mentor Duncan Cooper as he monitors price levels on the monthly and daily charts of the S&P 500.
The price reversed sharply at the monthly support level of 3633 yesterday.
The break in price above yesterday’s high at 3735 would begin to confirm a short-term reversal targeting the daily resistance level of 3882.
Disclaimer: Trading involves risk. In times of heightened volatility, traders should apply strict risk management rules.
S&P 500 monthly chart on ACY MT4
S&P 500 daily chart on ACY MT4
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