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SPX Path to All-Time Highs, Futures Technicals Offer Bullish Support
Manage episode 480734347 series 3645668
Kevin Green suggests a pullback in the SPX is warranted considering it's coming off a 9-day winning streak. For this week, the goal for bulls will be holding the 50-day SMA. Kevin marks 5,700 as the major level of resistance and says there's big breakout potential if it races past 5,800. He turns to the technicals offering support for the bulls through the SPX futures. Kevin later offers a look into an "interesting" divergence in crude oil.
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4395 episodes
Manage episode 480734347 series 3645668
Kevin Green suggests a pullback in the SPX is warranted considering it's coming off a 9-day winning streak. For this week, the goal for bulls will be holding the 50-day SMA. Kevin marks 5,700 as the major level of resistance and says there's big breakout potential if it races past 5,800. He turns to the technicals offering support for the bulls through the SPX futures. Kevin later offers a look into an "interesting" divergence in crude oil.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4395 episodes
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