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priceprophet

SP500 up on wishes and prayers

Long
S&P 500 Index (SP:SPX)  
priceprophet Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) LONG priceprojection
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trendanalysis chartpattern indicator spx500 spx spy long priceprojection
SP500 price projection is showing for 2969.85 on the hopes of resolutions to the trade war and FED rate cuts.
If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.
Comment:
snapshot

SP500 has moved very far away from the 8MA.
Expecting to see a stall in this index to allow the MAs to catch up.

10-June-19 activity generated a price projection of: 2918.75
With a high of 2904.75, this might be break out price target after the stall ends.
Comment:
snapshot

The enveloping bar yesterday is the spark for the stall to allow the moving averages to catch up.
Soft price projection at 2865.89
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