A Whiff of 2,900
The S&P 500's love affair with the 2,800 line is no mystery. The bull flirted with 2,800 support late in the summer of '18 , but got his hoof slapped away hard. Now he's reaching again, this time with tact, to grab hold of 2,800 and mount it.
Using the Ghost Feed tool, I predict the S&P 500's course to 3,000. Expect a fight from the 2,900 line, but soon giving way.
Legend
Using the Ghost Feed tool, I predict the S&P 500's course to 3,000. Expect a fight from the 2,900 line, but soon giving way.
Legend
- pink arrow: the real candlesticks end and the "ghost feed" begins (March 12/13, 2019)
- green line: 2,800 as support and resistance
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.