SPDR S&P 500 ETF TRUST

SP500 and Its Trend Line

471
This trendline in SP500 would be a cause to pause before getting bulled up. A test of the underside of the line seems appropriate.

Good news for bulls is that the Jan 26-29 sell off appears to be an Elliott Wave zigzag pattern. This gives the market a higher probability of reaching another new high. Perhaps it meets the trend line in new high territory?

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。