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SP500 Rejected When Gap Was Filled (Are we still heading higher?) | S&P 500 Technical Analysis
In today's S&P 500 Technical analysis daily update I go over my forecast as to where the stock market is heading next. Today we filled the gap that we discussed on the previous video and I believe the price is ready to retest the $3150 level in the SP500.
Although the SP500 was rejected at that level, we are till in bullish momentum to the upside. This is an interesting time and windows when they are filled (gaps) in technical analysis do act as very strong areas of resistance. So we will see!
In this SP500 technical analysis video we cover some support and resistance areas and trend lines to keep an eye on heading into this week of trading!
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