S&P 500 Index: Break of 4120 could open extension to 4218/4310 – SocGen SP500 Banks
Defending the 50DMA at 3930 would be crucial for persistencein up move
“S&P 500 is now close to the upper limit of the range since September at 4120. If this hurdle is overcome, ongoing bounce could extend towards previous bearish gap at 4218 and projections of 4310/4370.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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