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SP500 DECIDING BETWEEN ROLLING OVER OR BREAKING OUT | S&P 500 Technical Analysis
In today's S&P 500 (SP500) Technical Analysis forecast I discuss the stock market struggling to decide wether to move higher or to head lower. We look at the weekly timeframe, the daily, and the 30 minutes. We map out support and resistance levels to determine what we might see take place next week when the stock market opens up on Monday.
Nothing is certain in the markets, especially when trading the SP500 and individual stocks within it. To be a successful stock market trader you need to look at multiple different angles to draw a conclusion and ultimately create a trade plan.
TIMESTAMPS:
Intro: 00:00
SP500 Weekly: 00:30
SP500 Daily: 01:52
SP500 30 Min: 04:00
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