Thursday, October 15, 2026

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S&P500 faces strong resistance around 1890, break above targets 1950

Major resistance -1890 Major support -1860 The index is facing major resistance around 1890 (trend line joining 2082 and 1946) and any break above confirms minor trend reversal, a jump till 1946 is possible. On the lower…

By Lis Howell
1 min read
S&P500 faces strong resistance around 1890, break above targets 1950
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  • Major resistance -1890
     
  • Major support -1860
     
  • The index is facing major resistance around 1890 (trend line joining 2082 and 1946) and any break above confirms minor trend reversal, a jump till 1946 is possible.
     
  • On the lower side major support is around 1860 and break targets 1835/ trend reversal only below 1790.

Buy S&P500 above 1890 with SL around 1860 for the TP of 1945

 

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