S&P 500 IndexUpdated S&P 500: possible expanded flat
The index has been trapped within a large sideways consolidation where the second leg exceeded the former top
and could potentially drop below the former trough as well.
After that I expect the index to resume its way to the upside ti hit 3000+ area.
and could potentially drop below the former trough as well.
After that I expect the index to resume its way to the upside ti hit 3000+ area.
Note
Again and again I find amazing correlation of different math calculationsHere we have blue arrows with equal distance that hit the area where the diverging lower trendline lies (I used same angle of divergence +/- 8 degrees
Note
3 important levels
Related publications
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.
Related publications
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.