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WorkaholicTan
Oct 22, 2020 7:32 AM

S&P 500 Analysis Practice 

S&P 500SP

Description

S&P 500.

Red Line Resistance Line is currently looking much stronger than Green line Support Line.

S&P 500 is now channeling between the Daily 50MA

And a Channel with
Lower Support of M 3226
Upper Resistance of M 3543

D MACD has a bearish crossover
W MACD is indicating bearish crossover

M MA 50 has been broken on Apr 20 before bouncing higher.

Double top on Both W & D Charts


There is potentially a Failed Inverse H&S on D Chart.

M=Month
W=Week
D=Day

Not Advice to buy or sell


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