S&P 500 IndexUpdated SPX's Channels. Green March, Orange January & Purple October !
Orange & Purple pointing to a break down of the Major Covid Low Green channel. That does not mean we
are crashing but could signal a new trend is about to start with some consolidation side ways
movements. Then go back again, it happened allot with SPX'S sub indexes that we covered
recently "Black them background"
are crashing but could signal a new trend is about to start with some consolidation side ways
movements. Then go back again, it happened allot with SPX'S sub indexes that we covered
recently "Black them background"
Note
Broke out, loud and clear. Next target is the purple channel.Note
Getting close to the upper line of the purple channel.Note
4200sh is coming soon !!!Note
Our channels still holding.Note
SPX keep breaking our MAIN lower channel's line just like last March, butwith faster rhythm.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.