Since the start of 2024, 
SPX has been moving up this ascending channel and currently is right at the lower level.
A break down through this line would provide a short signal, while the move up continuing this channel would signal a suitable environment to buy individual stocks.
What do you thinkSPX will do from here?
SPX has been moving up this ascending channel and currently is right at the lower level.A break down through this line would provide a short signal, while the move up continuing this channel would signal a suitable environment to buy individual stocks.
What do you think
SPX will do from here?Note
March 22, 24: A dovish FED helped SPX to continue to move up in the rising channel and now it is near the upper line.
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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.