S&P 500 Technical Analysis Update 6-4-2020 (Where Are We Going From here?)

In todays S&P 500 Technical Analysis for June 4th 2020, We will be looking at the daily and 30 minute timeframe mapping out support and resistance levels to determine where we go from here.

At the time of this recorded the maket still had 30 minutes to go into closing and we saw a move to the upside in the final 20 minutes of trading. The main support level to keep an eye on is $3100 and $3080. The overhead resistance is the 78% fibonaci retracement level $3120, and $3130.

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DISCLOSURE: 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.