- Month of SPX is trying to stay above 20 month SMA. Bulls will be comfortable to stay above 1200.
- Weekly candle is fighting with the resistance level 1219 - 1230. Closing above this level may take SPX towards 1250 level.
- Today's Move was resisted at 100 DAY SMA.
- It was also the top of Ichimoku cloud. So this area will act as a confluence of resistance. Closing above this level will add strength for this up move.
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