SPx 1D WEEKLY OUTLOOK

SPx
the performance in the last week was Positive and gained 2.70%, and the reason is decreasing CPI affected the indices generally.

so this week also will try to stable at the bullish trend due to the Earnings for the second quarter of this year

Technically.:
S&P 500 index will start its uptrend from 4493 to reach 4558
and stabilize above 4587 will be bullish to get 4632 and 4707

but for any reason, under 4463 will be bearish to get 4386


Pivot Price 4493
Support prices: 4463 & 4386 & 4295
Resistance prices: 4558 & 4632 & 4707

The moving range is between 4463 and 4587

tendency Uptrend
Chart PatternsHarmonic PatternsTrend Analysis

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