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S&P 500 Index
Long

SPX Long Term Technical Analysis Forcast

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Based on previous two highs and using fib time cycle with fib 3.618 extension, there is confluence in year 2022 to serve as major resistance. We could expect a significant retrace then. For now, we can expect the bullish trend to continue with small retrace or consolidation at the next fib 2.618 extension level.
qFish
Harmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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Harmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
qFish

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.