TradingView
zerotozeros12
Oct 18, 2018 9:37 AM

Outlook for SPX (S&P500) Long

S&P 500SP

Description

It's clear that market uncertainty has begun; news outlets are spewing misinformation and doing their best to strike fear and confusion to anyone willing to listen.
Despite everything occurring I believe that we still have one final push which will result in new highs. Shortly after we will begin our long overdue correction following this10 year bull run. I have charted my expectations for the future market movement.

*This outcome is obviously largely dependent on the top tech companies earnings to continue to be good, which I believe is highly probable*

*This is for educational purposes only. Not financial advice.
Feel free to share your thoughts and where you believe the market will go.

Good luck trading,
Zerotozeros12
Comments
isaiah16
what indicators do you use?
zerotozeros12
@isaiah16, I typically like to use candles that indicate volume flow (volume flow V6 works is a good example, DTI to determine market momentum as well as the ADX and DI indicator
More