Get started
iShares Core S&P 500 ETF
Updated

S&P 500 end of rally and time for a pullback???

123
Is this the end of that rally for the S&P? I see several strong indicators that this could be the end for now and a pullback is coming.
  • Testing 200 day moving average
  • Testing top of down channel
  • RSI very oversold


snapshot




Note
Thursday 1:45pm
snapshot
Note
Test of 20 day moving average underway.
snapshot
Note
End of Friday, and if you slide the 20 day to the right one bar this would be an exact test of support. If gap down Monday, then I would assume that price goes to at least the $405 level.
snapshot
Note
As I expected, this is confirmed now that we are below the 20 day average
snapshot
Dr_Roboto
Chart PatternsDJITechnical IndicatorsIVVQQQSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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.
Chart PatternsDJITechnical IndicatorsIVVQQQSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Dr_Roboto

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.