$SPX - Chart Link- as you know price has been
chopping around in this resistance zone, with some RSI and MACD
divergence, plus can count 5 waves
that said, above that resistance are, there's sort of a thin
zone up to 5110 - basically that big red down candle you see on
April 15th doesn't offer any resistance, so if price can push again
later on into that area, it probably melts up to that 5110, but for
now price is struggling in this current resistance zone with some
divergence
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SPX 15 min
Posted by matt on 23rd of Apr 2024 at 02:53 pm
$SPX - Chart Link- as you know price has been chopping around in this resistance zone, with some RSI and MACD divergence, plus can count 5 waves
that said, above that resistance are, there's sort of a thin zone up to 5110 - basically that big red down candle you see on April 15th doesn't offer any resistance, so if price can push again later on into that area, it probably melts up to that 5110, but for now price is struggling in this current resistance zone with some divergence