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S&P 500 Index
Short

[SPX] Stuck Between a Rock and Open Air Next Week

332
It shouldn't be able to push much higher than this 1Y Max Peak trend.

Lots of downside opportunity and chop potential. Consecutive RW drop outs and LHs could be leanin this market bearish if pattern continues.

Look for HH RW breakouts. Next week will be critical here.
ProfitHarvest
Data analyst with a passion for best fit lines B)
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
ProfitHarvest
Data analyst with a passion for best fit lines B)

Related publications

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.