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$SPX: The S&P 500’s Key Yellow Resistance Target

Written By: ChartChamp

October 9, 2023

In my previous update I discussed that $SPX has lost a key support level in the orange support zone. $SPX was sitting under resistance as investors waited for Friday jobs data. The strong jobs data led to a spike back up and $SPX has successfully regained support at this orange zone again. My current price target for $SPX is the yellow resistance trend line.

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My previous trade ideas can be found on TradingView

TradingView Chart: https://www.tradingview.com/chart/SPX/ImMFlEH4-SPX-The-S-P-500-s-Key-Yellow-Resistance-Target/

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