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S&P 500 E-mini Futures
Long

S&P: Triangle expected to break upwards. Bullish.

256
The index has developed a Triangle on 1D (RSI = 45.946, CCI = -19.2621, Highs/Lows = 0.0000) following last week's decline near 2,670. On the positive side the 0.618 Fibonacci level (2,684.75) was only broken that one time on 1D and has since held support. If that level stays intact then the Triangle has more chances to break higher with 2,767 as the first Resistance before the critical 2,824.75 test. We are still bullish on medium term with TP = 2,893.




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Chart PatternsS&P 500 E-Mini FuturesindexTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)standardandpoor500standardandpoorsStocksTrend Analysis

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Chart PatternsS&P 500 E-Mini FuturesindexTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)standardandpoor500standardandpoorsStocksTrend Analysis
InvestingScope
Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Also on:

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.