Indice S&P 500

Strength is still currently visible.

65
SP500 is still demonstrating strength.
While Tuesday has placed the index in consolidation between 2952.22 - 2977.93
Weekly charts are caught in consolidation 2887.30 - 2964.15
A indicator triggered that SP500 has a desire to attempt to reach 3035.18 which would break both consolidations

While prices to HMA relationship is saying that a strong bull exists. The consolidation anchor bar is a negative bar and this projection might be the SP500 just calling out a future objective. Should the bull wane along with the DJI loss of strength, then the beginning would be to return to previous consolidation range 2912.99 - 2946.52. The negative anchor bar on the consolidation indicates the possibility of 2948.44 if the bar were to be examined all by its lonesome.






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