Mrpips

S&P 500 Weekly

INDEX:SPX   S&P 500 Index
23 0 0
Still has a bit of a Bull Flag look to it. I have adjusted the trend lines here though as the previous breakout did not evolve with supporting ADX momentum on the daily or weekly charts.
Comment: This still has a bit of a Bull Flag look to it although the weekly candle was only small and of an indecision-style ‘Spinning Top’ formation. Traders now need to watch the 2,135 level for any breakout or respect. Respect may signal a bearish ‘Double Top’:

Related Ideas

United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out