Which side will the #sp500 choose?For the past 14 days, the price of the S & P500 has been stuck between 2767 and 2813. We believe that because of the wait for Trump and China, will they reach an agreement or not? If the Chinese and the Americans reach this agreement, it is good for sp500 and if not is bad, All this in terms of Fundamental Analysis, In terms of technical analysis we see in the graph above that we are really close to serious resistance, in case the sp500 will succeed in breaking the resistance the increase in the index will be serious, Since we are at the bottom of the last 14 day range and the trend is uptrend we recommend buying with a lot of caution
Buy SP500:
Stop loss: 2760
Take Profit: 2910
Sp500analysis
#S&P 500 INDEX SignalAs you can see in the graph above in the last three times of Fed meetings The market dropped, Today there will also be a meeting of the Fed so we recommend opening a sell position and continuing the trend of meetings, The second (sell) reason is the line of resistance of (Ichimoku Indicator) Senkou Span
sell S&P 500
Entry Price: 2655
Stop Loss: 2703
Take Profit: 2400
Bullish market is on the run. SPX Euro hedged analysisLet's take a look at a different angle on multi year SPX run - SPX Euro hedged.
Almost 45 years of bullish market with price action in only the one upside channel, with 2 exceptions that were resulted to US recessions .
So what about 50% decline to early 2020x.
Bearish Reversal on S&PMirror Channel Down pattern developing on 1D as 2,741 has been priced as the latest Lower High (ADX = 21.036) on the current 2018 bear cycle. 4H has already initiated its Channel Down (Highs/Lows = -10.9821, BBP = -14.4680) with only MACD = 8.280 supporting from further downtrend. Expected targets are the supports (2,697.60 and 2,680.50 the most immediate).