S&P 500 - Key moment !

Zebulon92600

Junior member
40 1
The SP500 broke its long term bullish slant which has been broken only one time in 1 year and a half ... it ended with a test of the lower bound of the uptrend channel.

If the index breaks the 38.20% fibonacci retracement (of the last bullish rally) to 1981.80, i expect a further correction towards the 61.80% retracement at 1920.5 and a test of the support at 1894 (level the lower bound of the channel).

Zébulon, fan of CentralCharts.com

3074-906-oneway-process.png


comments_1418740515.png
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock