KrunchieKilleen
Short

S&P500 New Trend Lines suggested

FX:SPX500   S&P 500 index of US listed shares
185 1 3
On the chart, I draw the established trend lines and the emerging trend lines that I perceive, which I have labelled "New Trend." A downswing is under way, which I predict as following the slope of the last downswing, complete with Ripples and, no doubt, plunges. Should this downswing, as I expect, break through the Established Trend's Support Line, this does not necessarily mean that the Trend Reversal has set in, and the graph may find resistance at the New Trend's Support Line. However, a Trend Reversal, complete with a deep plunge, is still on the cards.
AYosof
2 years ago
working well so far nice one.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out