Technical analysis SPX500 for 23.11.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 4580.00. The closest support is the level 4510.00

Key levels
- 4670.00, 4620.00, 4580.00, 4510.00, 4460.00, 4430.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 4580.00, with Take Profit of 4620.00 and Stop Loss of 4550.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 4510.00, with Take Profit of 4460.00 and Stop Loss of 4550.00