others
The S&P 500 could move towards the 4382.75 level. – Crypto News
Weekly forecast, May 22 – 26, 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 4173,25, which will be followed by moving up to resistance level 4244 and if it keeps on moving up above that level, we may expect the market to reach resistance level 4382 ,75.
Downtrend scenario
A downtrend will start as soon as the market drops below support level 4173,25, which will be followed by moving down to support level 4112,25 and 4062,25.
Monthly forecast, May 2023
Uptrend scenario
The uptrend may be expected to continue, while the market is trading above support level 4068, which will be followed by reaching resistance level 4206 – 4244 and if it keeps on moving up above that level, we may expect the market to reach resistance level 4382.
Downtrend scenario
A downtrend will start as soon as the market drops below support level 4068, which will be followed by moving down to support level 3937 and 3839.
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