Technical Analysis and Outlook:
During the trading activity of the previous week, the S&P 500 Index exhibited a predominantly bullish trend and is poised to retest the completed Outer Index Rally target of 6420, as outlined in last week’s Daily Chart Analysis. The primary objective now is to target subsequent levels, specifically the next Outer Index Rally target of 6620 and beyond.
It is crucial to recognize that the current price movement may initiate a substantial pullback from the present price action, either before or following the attainment of the Outer Index Rally peak at 6420.
During the trading activity of the previous week, the S&P 500 Index exhibited a predominantly bullish trend and is poised to retest the completed Outer Index Rally target of 6420, as outlined in last week’s Daily Chart Analysis. The primary objective now is to target subsequent levels, specifically the next Outer Index Rally target of 6620 and beyond.
It is crucial to recognize that the current price movement may initiate a substantial pullback from the present price action, either before or following the attainment of the Outer Index Rally peak at 6420.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.