Get started
travis18haney

SPX Bull Targets 1 & 2 (5575 & 6000)

Long
S&P 500 Index (SP:SPX)  
travis18haney Updated   
SP:SPX   S&P 500 Index
Trend Analysis Wave Analysis Technical Indicators
7
2
trendanalysis waveanalysis indicator
Using the range expansion of the falling wedge from 2022 pullback, the 1.5 and 2 X range expansions are the first targets.

The daily 200sma is now trending up and bullish with the daily bars trending on a rising 21ema.

Any and all pullbacks should be buyable.

Comment:
It looks to me like a grind higher until FOMO starts to ramp up and aggressive buying will take place pushing prices up to the high 13,000-17,000 area

snapshot
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.