grenadetrade

Does SPX have enough to break higher?

SP:SPX   S&P 500 Index
We're coming in to some points of resistance here. Bonds yield lower, oil lower. While daily chart shows a bottoming process, in the near term, do we have enough to move higher, or are we looking to retest recent lows and find keep looking for that near term bottom? Technicals seem to be hesitant despite today's "quiet rally", but who knows that headlines will come out tomorrow. Stay safe, stay indoors.

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.