S&P 500 Index

s&P 500 10 year channel

We are looking for a channel which is valid for over 10 years.

Currently the price is holding in lowest point of the channel and we could expect some bulls to take over and push the price to the next level (as green line suggests)
The other scenario is that the price drops from that 10 years channel and stops on the 2015ATh support.

Next few days will tell.

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