Not exact matches
If the S&P manages to clear the 1,420
level, its
next key resistance is near 1,440:
The 38.2 %
level also coincides closely with a
key resistance level (shown on the
next chart):
Also take note of the distance between this
key level that was broken and the
next resistance level.
Meanwhile, the
next key (3 year)
resistance level is at EUR 7.65 - 75.
This is left to the trader's discretion, however a good profit target is to use the
next key level of
resistance for a long trade, or the
next key level of support for a short trade.