SP 500 low level supply in a trading range daily market analysis
Multistreaming with 24 Apr 2020 recap As mentioned previously, after the down wave from 2021 Apr, which is a change of character stopping the up move to at least a trading range (if not a reversal). There is no excessive supply after the down wave. So far, S P 500 is able to overcome a few key supply zones and is at the resistance area close to 2885. It is possible for it to test the swing high at 2885. It is expected for S P 500 to trade between 27152885 trading range.
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