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S&P 500 finds plenty of support at major uptrend line for the week
The S&P 500 fell during most of the week but bounced hard from the uptrend line on the weekly chart. The hammer of course is a very bullish sign, and it looks as if we are trying to break out of the overall wedge that we have been in. There is a major resistance barrier just above that I think the market is going to try to take out.
https://finance.yahoo.com/news/p-500-finds-plenty-support-054300761.html?.tsrc=rss
The S&P 500 fell during most of the week but bounced hard from the uptrend line on the weekly chart. The hammer of course is a very bullish sign, and it looks as if we are trying to break out of the overall wedge that we have been in. There is a major resistance barrier just above that I think the market is going to try to take out.
https://finance.yahoo.com/news/p-500-finds-plenty-support-054300761.html?.tsrc=rss
