- S&P 500 Hour chart shown with a range of 1162 - 1180
- Price is approaching the top of the range. 1180 is a good resistance level.
- More upsides are possible only if 1180 level. If price manages to breakout next resistance level is at 1190 area.
- DOW JONES WEEKEND ANALYSIS
S&P 500 Near resistance level
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.