S&P 500 Index
Long

ANALYSIS S&P500 FOR THE WEEK (20/04/2020 - 24/04/2020)

159
the index breaks the price support 3265 on 02/24/2020 and goes down to break a low of 2222 dated 03/03/2020 before returning to the upside and reaching the fibo level of 61.80%.
90% probability is that it will continue to rise to the next fibo level and may return to the breakout price level of 3265.
we will wait to see the volume of Monday 20/04/2020 to confirm our prognosis.

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.