spx500 is normal
For the first time in over 300 days, #spx broke above the 200d SMA and its downtrend pattern.
The 50-day SMA has crossed over the 200-day SMA.
After a long bear market, the current uncertainty in the market is quite natural.
I expect this new little flag to even reach 4000 for a last kiss and then it can go up.
The next barrier could be around 4300.
The 50-day SMA has crossed over the 200-day SMA.
After a long bear market, the current uncertainty in the market is quite natural.
I expect this new little flag to even reach 4000 for a last kiss and then it can go up.
The next barrier could be around 4300.
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.