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S&P 500 Index
Short
Updated

SP500 & Channel.

542
As you can see on these charts-the price is once again beating the channel resistance (purple dotted line). Perhaps the price will have to adjust to the level of $1950, equal to the Fibonacci correction of 0.618%. There is another more positive and desirable scenario for everyone - if there is very good news, the price will be able to gain a foothold above the purple line and go even higher-up to the pink dotted line.
Note
*logarithmic graph
Dr_Chester
GET RICH OR DIE TRYIN
Also on:
SPsp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500longspx500shortUS SPX 500spxshortSupply and DemandSupport and ResistanceTrend Lines

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SPsp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500longspx500shortUS SPX 500spxshortSupply and DemandSupport and ResistanceTrend Lines
Dr_Chester
GET RICH OR DIE TRYIN
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.