empty
 
 
cn
支持
即时开户
交易平台
入金/出金

17.11.202216:29 Forex Analysis & Reviews: Short-term SPX analysis for November 17th, 2022.

Exchange Rates 17.11.2022 analysis

Blue line- resistance

Green lines- Fibonacci retracements

SPX is in a short-term bullish trend from the low of 3490 as it continues making higher highs and higher lows. Price remains below the blue downward sloping resistance trend line. Price has so far retraced 61.8% of the decline from the August high of 4324. The 61.8% retracement is a level we usually see trend reversals. As long as price is trading below the blue trend line resistance, bears will have the upper hand. In this upward movement the RSI has not reached overbought levels. Price has not tested the blue trend line. Despite recent pull back from 4042 to 3900, there is still upside potential towards 4100. But this is not enough for a bullish position to be favored with the current market conditions. Support is at 3700. A break below this level will strengthen bears and provide us a new bearish signal. Taking a look at the longer time frame we see SPX still forming lower highs over the last 12 months. Will this trend continue? Staying below the blue trend line will help bears retain control of the trend.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.