S&P Above Historic trendline -- dip soon?
Since the vaccine news in November 2020, S&P broke a trend line that was a key resistance since 2013.
What next?
I am watching the red zone, marked based on time / market cycle estimates (calculated from previous "crash" period + 35%). This is just a predictive model, a lot depends on any sudden market news / conditions. But if there isn't any major positive news in the market over the November - December period, I'll be watching for some opportunities to add more to the portfolio.
Support levels marked on the chart.
Weekly chart view.
What next?
I am watching the red zone, marked based on time / market cycle estimates (calculated from previous "crash" period + 35%). This is just a predictive model, a lot depends on any sudden market news / conditions. But if there isn't any major positive news in the market over the November - December period, I'll be watching for some opportunities to add more to the portfolio.
Support levels marked on the chart.
Weekly chart view.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.