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dman103
May 24, 2021 1:58 PM

S&P 500 where now! [Pivot Breakout] 

S&P 500 IndexTVC

Description

S&P 500
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About S&P 500
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The S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies.

Analyse
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We are on a MINi sideway market.
We just broke 4175 tag and this critical!
Breaking ▲ 4175 pivot line (green line) generated a significant bullish sign!
It can result in reaching & testing the 4240 resistance line (see yellow lines).
of course, there is no 100% guarantee in anything, and things can go the other side, having said that, we still have a significant bullish pivot breakout.

Above 4240 we are at a new ALL TIME RECORD and the sky's the limit.

Below the 4060 pivot line, oh dear, it can be even deeper.
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