Drawn some supply levels on the S&P500 on the monthly and weekly charts. Gut feel tells me we have seen the top already even though the gap above hasn't been filled. COT and volume charts tell me otherwise.
Friday's action was interesting...Key level to watch is last weeks low at 4430. Break that and I will consider shorting
Monthly:
Weekly: The larger red line below is where the monthly intersects the weekly.
Drawn some supply levels on the S&P500 on the monthly and weekly...
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Last
7,851.7 |
Change
-12.000(0.15%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,863.7 | 7,870.2 | 7,841.5 |
| XJO (ASX) Chart |