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S&P 500 Index

SP500 Stuck in a triangle

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Price is stuck in a triangle.

Medium term. Higher probability for the break of triangle towards the downside

Short term: Corrective move from 4200 and 4400 seems to have stalled. Awaiting downward indication

Indication is based on Bollinger bands, ADX, Volume and volatility
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Chart PatternsTechnical Indicatorssandp500S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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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.
Chart PatternsTechnical Indicatorssandp500S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Look_inside

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.