Indice S&P 500Long
SPX movement midterm analysis
Monthly movement is respecting Gann Fan 3/1 line. so a possible retracement to hitting 3/1 line again is highly likely for my point of view.
Also it is respecting Gann Fan 1/1 line as a support, however due to gap between current price to Gann Fan 1/1 line, its unlikely for the price tp hit the line so soon.
looking forward for the price to hit up to 4000 first before another critical trend change.
Also it is respecting Gann Fan 1/1 line as a support, however due to gap between current price to Gann Fan 1/1 line, its unlikely for the price tp hit the line so soon.
looking forward for the price to hit up to 4000 first before another critical trend change.
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