SP500 CLOSES 6 POINTS AWAY FROM ALL TIME HIGH (Hit Record Tomorrow?) | S&P 500 Technical Analysis

3 years ago

The SP500 (S&P 500) Closes only 6 points away from an all time record high today after a turn around tuesday which put some scare in the markets as tech stocks got dragged down. The bulls stepped up big time gapping the stock market up and keeping it higher throughout the day.

The question now is if the stock market all time high will be set tomorrow with a record close, or will the bears step in? to me it looks like the market is going for the gusto and wants that new record.

In this S&P 500 technical analysis video we look at the daily and 30 minute timeframe and discuss support, and resistance levels.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:27
SP500 30 Min: 03:07

STOCK TRADING PLATFORM I USE
â—‹ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591

MY FAVORITES - https://amz.run/3JLv
â—‹ Book Recommendations
â—‹ My Studio Setup
â—‹ Morning Coffee

COME SAY HI:
Instagram: https://www.instagram.com/figuringoutmoney
Twitter: https://twitter.com/mikepsilva

Make sure to SUBSCRIBE to my channel!

DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)

#SP500 #StockMarket #TechnicalAnalysis

Loading comments...