Transcript for:
Chart Analysis: SPX and IWM

hello Lisa Lesley here your chart Analyst at Option pit please visit us at Option pit.com this week my chart of the week is the S&P 500 ticker [Music] [Music] SPX after a wild week Wednesday Thursday 100 point range created an inverted Hammer right at the base of my Pitchfork support with confirmation yes Friday uh trading higher we were able to close above the resistance at 5450 once we clear these highs SPX will close the gap trading we need to trade above 5500 clear the highs closing the Gap brings it back up to 5550 and then above there 5645 on the downside I have support at the base of the Pitchfork comes in at 5415 and then below there will be 5390 and then way below there is 5313 I had a request for iwm iwm after bull flagging broke out of the flag on Friday looks to trade higher I have resistance at 227 and then above at 23340 the support will come in uh at the bull flag here 21977 and Below there 21570 thank you for watching please like subscribe comment leave me a chart request also I am beginning my master class all around from beginning to professional 8-week course starts Monday and it isn't too late to join us uh use the link below thank you I will see you next week