Just as we had expected, the candlestick gap proved to be a very good support range and the S&P didn't crash through the gap. The S&P had just closed above the recent resistance level which still indicated that it was still on a bullish trend. Therefore, the next resistance level will be the upper end of the Bollinger band since we set it to be 2 standard deviations which will include 95% of all the data.
https://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-4.html
.jpg)
No comments:
Post a Comment