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S&P 500 Index
Long

S&P 500 INDEX (SPX) 06 JUNE 2021

33
SPX

The long-term trend is considered up when SPX is above the 65 Weekly EMA 3633.84

Our view: Long positions above 65 Weekly EMA

Comment: SPX remains Bullish above the 3633.84 level

Recommendation: Buy on a pullback into the area between the 13 & 26 Weekly EMA

Stop-loss: 26 Weekly EMA 3961.93

Alternative scenario: Below 3633.84 SPX becomes Bearish, expect further downside to lower levels
UnknownUnicorn1620290
Technical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500longTrend Analysis

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.
Technical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500longTrend Analysis
UnknownUnicorn1620290

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.