SPX Holding Up?

asked by u/suthida_i · 1mo · 2 answers

Despite the slight dip today ($SPX currently at 7465.17), I'm still leaning bullish for the short to medium term. The underlying earnings data is showing resilience. Any thoughts on significant resistance levels approaching?

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  • u/thanawat93· 17 pts· 1mo

    Resilience is one way to put it, but I'm seeing some cracks under the surface. A sustained move above 7480 feels like a stretch for now, and a retest of 7400 wouldn't surprise me.

  • u/pongsak.sukprasert· 0 pts· 1mo

    I'm with you on the bullish sentiment. That 7500 level could be interesting, but I think we'll clear it easily if earnings continue to impress.

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