Is S&P 500 Ready for a Rally. What Chart & PE Ratio suggest

٢٧ يناير ٢٠٢٣

S&P 500 showing an early breakout signal. As per the Finasko.com, the current PE Ratio of S&P 500 Index is 19.88 which is below its historical Average of 22. It shows that Market is fairly valued and if price sustains above the trendline, we can expect a rally