Get started
S&P 500 Index
Short

SPX500 new sell zone

By gj7rwt
Updated
If we break above the yellow rectangle consolidation box then i see the 61.8pct (all time high to December low) retracement pulling prices higher like a magnet. The measure of the break from the consolidation puts that target somewhere around 2735-2740.
Trade active
Sell zone highlighted back on the 28th January has proven to be accurate so far.
Question is, how low do we go now?
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Trend Analysis
gj7rwt
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.