📈 S&P500 Increases Increases Increases Increases 📈
📈 S&P500 Increases Increases Increases Increases
📈 Nearest strong support zone: around the lows of the last correction.
📈 Nearest strong resistance zone: around the fibo 0.5 level of the downward wave.
📈 Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
📈 Price action: the S&P500 broke out again during Friday's session, returning to the area of the peaks of the last uptrend. Looking at the price formation and the renewed attack in a northerly direction, given the fact that we are still at high levels and there is no question of a continuation of the downtrend for the time being, it looks like the possibility of a continuation of the third upward wave. I expect the continuation and maintenance of the upward movement over the next weeks months.
📈 The scenario I am playing out is the continuation of the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
📈 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
📈 Nearest strong support zone: around the lows of the last correction.
📈 Nearest strong resistance zone: around the fibo 0.5 level of the downward wave.
📈 Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
📈 Price action: the S&P500 broke out again during Friday's session, returning to the area of the peaks of the last uptrend. Looking at the price formation and the renewed attack in a northerly direction, given the fact that we are still at high levels and there is no question of a continuation of the downtrend for the time being, it looks like the possibility of a continuation of the third upward wave. I expect the continuation and maintenance of the upward movement over the next weeks months.
📈 The scenario I am playing out is the continuation of the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
📈 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Note
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.