SPX
Updated
Hello everyone!
Another TA on the S&P500. In my opinion I believe that the future is in a delema! after the two completed bear flags ( currently not marked out) the S&P has formed a cup and handle pattern ( bullish) after this pattern completes it will probably rise and try to break the resistance but so far this is a strong risistece hasn’t been broken to othe bull runs. If it fails to break again it confirms the down trend from the decending triangle. A more technical Analysis update (RSI and other indicators) will be added soon.
Act with caution and don’t forget to like and follow for more updates!
If you want a stock charted msg me the ticker.
Another TA on the S&P500. In my opinion I believe that the future is in a delema! after the two completed bear flags ( currently not marked out) the S&P has formed a cup and handle pattern ( bullish) after this pattern completes it will probably rise and try to break the resistance but so far this is a strong risistece hasn’t been broken to othe bull runs. If it fails to break again it confirms the down trend from the decending triangle. A more technical Analysis update (RSI and other indicators) will be added soon.
Act with caution and don’t forget to like and follow for more updates!
If you want a stock charted msg me the ticker.
Note
Pattern still holding not yet broken out to challenge risistence
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.