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S&P 500 E-mini Futures

S&P Still Hugging Long Term Resistance

79
I'm bullish equities. Breakouts everywhere. ES / SPY knifing above 261.8 fib. I think we hit ultimately hit 4500

BUT we're hugging this two-decade trend line, overbought on daily (healthy LT, not ST) & greed factor is high. Cautious here until break up from TL imo
FibLines
Chart PatternsS&P 500 E-Mini FuturesSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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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.
Chart PatternsS&P 500 E-Mini FuturesSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
FibLines

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.