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The SPX continues its “Bounce” off the YSZ and is now trading above the QSZ and the June Pivot 4083. The SPX confirmed a weekly uptrend last week with a continuation on the close today. This makes things somewhat simple for now. The SPX remains above the MP look for resistance at the MRZ 4332/4391, also the YP 4413 and QP 4488. A drop below the MP would suggest further weakness back down to the YSZ 3840/3704. Good Luck & Trade Safe!

SPX ~ Pivot Zones

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June 2022
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