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S&P 500 Index

SPX500 Update 🛎️

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The bear case in SP500 looks much more solid than in USOIL. Here the price action looks anemic, struggling at resistance formed by falling trendline, the shape of the ending diagonal looks complete and the index ready for new lows.
Energeia_Charta
Elliott WavenasdaqspdrSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)

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Elliott WavenasdaqspdrSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)
Energeia_Charta

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.