Wednesday 01st February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4109.25, where the recent high is, before heading towards the 2nd resistance at 4180.00, where the previous swing high is.
Martin Luther King Day Trading Schedule – 2023
Dear Trader, Please note that in observance of the upcoming Martin Luther King Day on Monday 16th January 2023, there will be temporary changes to IC Markets’ trading schedule. All times mentioned below are Platform time (GMT +2)