The S&P500 has approached an area where we can slowly start to think about another corrective move by the index. Currently, there is still some room for the index to rise to areas around 4733 points. Then, it is time to cool-down a little bit. We expect the index to fall below 4584 points, before the bulls take over again.
Okaaaaay, let's go!
Okaaaaay, let's go!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
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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.