Long term SPX
Still in channel but the envelope is starting to go side ways ( current sell and buy area ). If we continue up in the channel then we could reach the time frame where we go side ways for about 10yrs. In the 10 year side ways movement there is also area for selling and buying. and once we break out of the long term consolidation we will be a the next big bull move- if the pattern continues.
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.