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Will The S&P 500 Finally Clear Resistance?

Long
S&P 500 Index (SP:SPX)  
Sublime_Trading  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) S&P 500 (SPX500) Bullish Patterns breakout trendtrading sublimetrading Stocks
5
0
trendanalysis chartpattern indicator spx spx500 bullish breakout trendtrading sublimetrading stocks
Last post: June 12th 2019. See chart.

Review: Price had just broken above the daily 50 simple moving average.

Update: Price has continued its momentum up and is approaching the major resistance level which is the previous all-time high.

Conclusion: If we finally get a breakout then we should see a strong bull market in UK and US stocks.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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