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S&P 500 Index
Short

SP500 & Channel.

By Dr_Chester
Updated
As you can see on these charts-the price is once again beating the channel resistance (purple dotted line). Perhaps the price will have to adjust to the level of $1950, equal to the Fibonacci correction of 0.618%. There is another more positive and desirable scenario for everyone - if there is very good news, the price will be able to gain a foothold above the purple line and go even higher-up to the pink dotted line.
Note
*logarithmic graph
SPsp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500longspx500shortUS SPX 500spxshortSupply and DemandSupport and ResistanceTrend Lines
Dr_Chester
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