3 min readS&P 500 (SDX):
The S&P 500 continues to reach new all-time highs (ATHs), driven by the release of increasingly positive economic data from the U.S.
A closer analysis of the technicals clearly shows that price action has been holding and respecting these previous resistance areas, which have now turned into support. If we observe slight downside movements, I will be closely monitoring how price action interacts with the former resistance zone identified around the $6,000.00 level.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
