SPX needs to break above 4267 for a convincing end of May

The SPX sell signal on the day charts on 140521 at the level of 4098 is still active in profit taking. Buyers now need to break through and hold 4267 to start June 2021 to print new all time highs.

LONG TERM UPTREND SINCE 011220

MEDIUM UPTREND SINCE 010620

SHORT TERM PULLBACK SINCE 140521

PIVOT 4267

Short positions below 4267 targets 3889 and 3307

Long positions above 4267 for new all time highs

youtube link : https://youtu.be/IqM5OImd5T4