SP:SPX   S&P 500 Index
Again all the pundits are surprised, there are news about how trillions have been wiped away from markets, people are buying the market calling it a "so called Christmas sale offer" People either tend to buy at high or sell at low and get trapped both ends, and then there are few who wants to catch the falling knife. Then the big question is "who is actually making money"

Coming back to my analysis, this is on a weekly chart and it looks like market is on a broader A-B-C correction whose targets lies near the 1600$ mark. Good luck

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.