💲 S&p500 Is It Already a Continuation of Growth? 💲
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💲 S&p500 Is It Already a Continuation of Growth?
💲 Nearest strong support zone: around the fibo levels of 0.382 of the downward wave.
💲 Nearest strong resistance zone: around local peaks.
💲 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Downtrend
📊 RSI: Uptrend
💲 Price action: the S&P500 has no plans to fall, this is evident from today's trading session in which we held near yesterday's levels. Everything looks like a potential continuation of the uptrend could happen as early as this week, although I expect a retest of the 4100 area before breaking new highs
📈 The scenario I'm playing out is a continuation of the uptrend after a minor correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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