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S&P 500 Index

S&P 500 Waves - Run out of steam or one more push

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S&P 500 is at a crossroads just like the NASDAQ. It has been in correction since March. Thought it might turn down at the 1.4 Fib but it has pushed to the 1.5 level. Will it turn down here or can it push to 1.6 and a new ATH? The divergence indicator it has been showing bear for over a week. Is it the end or just consolidation for a new push.

Hope this helps and good luck.
Dr_Roboto
DJIIVVSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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DJIIVVSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
Dr_Roboto

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.