The S&P 500 is fine...a higher move expected
Technically the S&P 500 looks bullish to me, after the trend we've been through since 30 October 2020 we've been holding a major support trend line ...
We boke it 3 times down but the 50 moving average did a great job holding the price up 6 times for the past 202 days every time we broke below the trend line ...
This time we are facing the same situation...and a higher move is expected.
We boke it 3 times down but the 50 moving average did a great job holding the price up 6 times for the past 202 days every time we broke below the trend line ...
This time we are facing the same situation...and a higher move is expected.
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