Thursday, October 15, 2026

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FxWirePro: S&P 500 faces strong intraday support around 2080, good to sell on rallies

Major intraday Support - 2080 (200 day HMA and 27th Nov low) Demand zone- 2100-2108 On the lower side any break below 2080 will drag the index till 2060/2045 level. The index major resistance is around 2108 and any break…

By Lis Howell
1 min read
FxWirePro: S&P 500 faces strong intraday support around 2080, good to sell on rallies
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  • Major intraday Support - 2080 (200 day HMA and 27th Nov low)
     
  • Demand zone- 2100-2108
     
  • On the lower side any break below 2080 will drag the index till  2060/2045 level.
     
  • The index major resistance is around 2108 and any break above will drag the index further up till 2120/2137.

It is good to sell on rallies around  2090-2095 with SL around 2108 for the TP of 2061/2045 

 

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By FxWirePro Team