SPX Bulls need to defend the 4,170.70 gap with their life now or
that 4,020-4,034 looks more likely. It really seems though without
additional news regarding the war, it will be tougher to push it
lower over time. One thing with markets though, the longer the
uncertainty and sentiment focus remains, and longer the trend
remains in tact, the more it can continue. Lots of work to do here,
though there will continue to be opportunities for trades along the
way.
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SPX Bulls need to defend
Posted by fundamentalvalues on 10th of Mar 2022 at 10:59 am
SPX Bulls need to defend the 4,170.70 gap with their life now or that 4,020-4,034 looks more likely. It really seems though without additional news regarding the war, it will be tougher to push it lower over time. One thing with markets though, the longer the uncertainty and sentiment focus remains, and longer the trend remains in tact, the more it can continue. Lots of work to do here, though there will continue to be opportunities for trades along the way.