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Indices Updates by Solid ECN
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[QUOTE="SOLIDECN, post: 211055, member: 80239"] [HEADING=1][JUSTIFY]S&P 500 in anticipation of the publication of corporate reports[/JUSTIFY][/HEADING] [JUSTIFY]Today, several major players in the US market will present data on the results of the second quarter. Thus, the world leader in information technology, software, and IT services, Microsoft Corp., expects revenue growth at 52.43B dollars, higher than 49.36B dollars shown a quarter earlier. In turn, the Alphabet Inc. holding, which owns the Google brand, predicts a figure of 70.04B dollars against 68.01B dollars. Visa Inc. will record quarterly revenue in the region of 7.06B dollars, which is in line with the 7.19B dollars shown in the previous period. [img]https://i.ibb.co/WDsX8Y2/spx.png[/img] The index quotes are traded within a global downward channel, heading towards the resistance line. Technical indicators keep a stable buy signal: fast EMAs on the Alligator indicator are above the signal line, and the AO oscillator histogram is in the buy zone, continuing to form rising bars. [B]Support levels[/B]: 3907, 3674 | [B]Resistance levels[/B]: 4013, 4182[/JUSTIFY] [/QUOTE]
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