S&P 500 Index
Technical conditions: The +5.7% price jump on November 10th could be viewed by technical analysis as a “Flag pole” since the recent seven day price consolidation (daily chart) suggests a “textbook” bull flag continuation pattern is forming. The bullish theme seems to be holding with higher tops and lower bottoms on price since finding support at...
The Chart currently shows Bullish signal as per these indicators:
1. Double Bottom Pattern
If the upper trendline is broken can expect further upside potential.