S&P 500 Daily Chart Analysis For Week of February 17, 2023
Technical Analysis and Outlook
The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be undertaken with an eye on the inner stepping stone of Mean Sup 4015 and completion of the Inner Index Dip 3980.
The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be undertaken with an eye on the inner stepping stone of Mean Sup 4015 and completion of the Inner Index Dip 3980.
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