The S&P 500 has been inside an uptrend for approximately 9 months.
Mid-week ceasefire news pushed the index back above its 50-day moving average. The two critical levels I'll be watching next week:
1⃣ POC → 6,873
2⃣ SMA50 → 6,761
Whichever level breaks first, that's the direction likely to gain momentum.
Mid-week ceasefire news pushed the index back above its 50-day moving average. The two critical levels I'll be watching next week:
1⃣ POC → 6,873
2⃣ SMA50 → 6,761
Whichever level breaks first, that's the direction likely to gain momentum.
TradingView Öğreniyorum bültenime ücretsiz abone olmak için: substack.com/@burakkesmeci
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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.
TradingView Öğreniyorum bültenime ücretsiz abone olmak için: substack.com/@burakkesmeci
Related publications
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.
