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SPX bullish Dec Opening. Pivot at 3655

Writer's picture: jeremy chojeremy cho

The SPX is bullish on ALL time frames and appears to have broken the Monthly Supertrend Line at 3655 into December 2020. Price must close above 3655 on the 1st of Jan 2021 to confirm the next long term Up Leg of the SPX over the next few months.


Pivot is at 3651

A break of 3651 will test 3557 and 3466 to the downside.

Price holding above 3651/4hr Supertrend line in the coming week will see new All time Highs.





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