SP:SPX   S&P 500 Index
SPX at crucial levels, If bulls fail to hold 4700 on Monday and the index starts sliding below 4680, we could easily get to see an intraday fall towards 4625/4600 levels. Whereas on the other if bulls conquer 4700 and starts sustaining above the same we would be looking at 4775/4790 on the index!
Simple price action could get you a move of 2% on the index!
Trade closed: target reached:
After holding 4700 sub levels we saw the index march towards 4800!
Our target stands complete on #spx

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.