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FxWirePro- Major US indices

S&P 500- 5563 (-1.56% ) Major resistance- 5705 Near-term resistance - 5650 and 5679 (Jul 16th 2024 high) Minor support- 5544,5464 (200 8H EMA ) Trend reversal level- 5485 The pair hold above short-term (34, 55 EMA) and l…

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FxWirePro- Major US indices
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S&P 500-  5563 (-1.56% )

 

Major resistance- 5705

 

Near-term resistance - 5650  and 5679 (Jul 16th 2024 high)

Minor support-  5544,5464 (200 8H EMA )

Trend reversal level- 5485

 

The pair hold above short-term (34, 55 EMA) and long-term (200 EMA) in a 4-hour chart.

 

Indicators (4- hour chart)

 

ADX- Neutral (4-hour chart)

 

 

RSI - 56.47 (4-hour chart)

 

US 30-  40730 (-0.28% )

 

Major resistance- 41800

 

Near-term resistance - 41200 and 41500

 

Minor support-  40576 (200-4H EMA) and 40385

Trend reversal level- 38300

Indicators

 

ADX- Bearish (4-hour chart)

 

RSI - 48.46 (4-hour chart)

 

 

Russel  - 2102 (-0.12% )

 

Major resistance- 2310

 

Near-term resistance - 2141,2200

 

Minor support-  2050,2000.

Trend reversal level- 2000

 

Indicators

 

ADX- Bearish (4-hour chart)

 

RSI - 43.59 (4-hour chart)

 

 

 

 

 

 

 

 

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