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S&P 500 Index
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S&P500 Index: Two Potential Scenarios For Next Week 📈

By VasilyTrader
Updated
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Hey traders,

S&P500 index is weak and indecisive.
The market is stuck within a horizontal trading range.

Next week, wait for a breakout of a one of its boundaries.

Bearish breakout will trigger a further decline to 4335 level
while a bullish violation will trigger a bullish continuation to 4517.

Wait for a breakout & then follow the market.

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Note
Check my new idea on S&P500:
S&P500 Index (SPY) Important Breakout & Bearish Outlook 📈
indexesParallel ChannelpricepriceactionpriceactionanalysisRectangleS&P 500 (SPX500)Support and Resistance
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