Trader Brian Jones on Twitter: "I'm talking short term. 3800 would be the first resistance because that has been the number that was renaissance last week and then support again yesterday. Now it's resistance again. Then of course the big one in the future would be the 50 sma. That tells the future." / Twitter

I'm talking short term. 3800 would be the first resistance because that has been the number that was renaissance last week and then support again yesterday. Now it's resistance again. Then of course the big one in the future would be the 50 sma. That tells the future.

Quote Tweet

Graham Zylstra

@graham_zylstra

Jun 30

Replying to @MasterBJones

Why would 3800 become resistance now since 50ma on this is like 3870? Or you just mean roughly? But yea it’s true this system is pretty straitforward don’t need to make it more complicated than it is

1:10 PM · Jun 30, 2022Twitter Web App

Replying to

Because we had a cross to the bearish side? So any first bearish move after that would imply that 3800 is first resistance. First move meaning short term

Replying to

What’s your thoughts on the s&p today? Breaking that resistance took a few attempts, so fair to say we could push lower today or might we see an early retest? Also the last day of the month…

Conversation