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Jul 16, 2022 10:41 AM

S&P 500 Daily Chart Analysis For July 15, 2022  

S&P 500SP

Description

Technical Analysis and Outlook
The S&P 500 market played out our down move to Mean Sup 3787 (See: S&P 500 Daily Chart Analysis For July 8). Currently, we have an upside momentum, and a retest of Mean Res 3912 is imminent, with a possible extended target to Mean Res 3940. Nonetheless, after that, the market will take us back to the Mean Sup 3787, completed Outer Index Dip 3728, Key Sup 3666, and very Next Outer Index Dup 3530 - this is a forward-looking mark.
Comments
TraderV123
Locked and loaded for mother of all shorts! Thank you!!
BlkGold
Great call on last week's forecast! 👍👍👍
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