This is a S&P 500 Weekly Chart and it’s on a perfect uptrend since the covid bottom, and on a shorter time frame, it has also broken the time frame. It has also touch the 2022 support which is around 4800.
I expect it to retest the recent bottom and maybe even a lower low, I think it can make a fib extension and retest 4250-4300.
I expect it to retest the recent bottom and maybe even a lower low, I think it can make a fib extension and retest 4250-4300.
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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.