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S&P-500 - megaphone still can be in play
S&P 500 Index
S&P-500 - megaphone still can be in play
By Silvestrov
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Jan 7, 2021
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Jan 7, 2021
Quite incredible, that despite recent rally in stocks, megaphone setup still remains valid and could be in play for
SPX
For almost two months now index is moving allong resistance and having hard time to break it out to the upside.
Higher levels definetely possible, but I would be more concerned with taking profits and buying protection right now.
Chart patterns
Equity
megaphone
megaphonetop
SPX (S&P 500 Index)
S&P 500 (SPX500)
Supply and Demand
Support and Resistance
usindex
Silvestrov
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