S&P 500 IndexLong
SPX500 long term
The Pitchfan analysis suggests caution, as SPX500 may face downward pressure if it fails to hold critical support levels. A combination of macroeconomic factors and technical signals could contribute to a deeper correction in the long term. Traders should monitor support levels and look for confirmation of bearish breakdowns before making decisions.
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.