The S&P 500's love affair with the 2,800 line is no mystery. The bull flirted with 2,800 support late in the summer of '18 , but got his hoof slapped away hard. Now he's reaching again, this time with tact, to grab hold of 2,800 and mount it.
Using the Ghost Feed tool, I predict the S&P 500's course to 3,000. Expect a fight from the 2,900 line, but soon giving way.
Legend
Using the Ghost Feed tool, I predict the S&P 500's course to 3,000. Expect a fight from the 2,900 line, but soon giving way.
Legend
- pink arrow: the real candlesticks end and the "ghost feed" begins (March 12/13, 2019)
- green line: 2,800 as support and resistance