KrunchieKilleen
Short

S&P500 Downswing expected

FX:SPX500   S&P 500 index of US listed shares
63 0 1
The Downswing, I believe, will happen soon. Perhaps a downtrend will commence, but that depends on the market feeling that interest rates are about to rise. Resistance Line B lost its strong upslope on 3 Jul 2014 and is replaced by Resistance Line C, indicating that the top of the parabola has been reached or is soon to be reached. Attempts to swing down were met with resistance at Line D. Lines C and D are heading towards collision, but the downslope may not wait for the collision to happen. Line F indicates my projection of the slope of the downslope, following previous downslope Line E. At some point, when the graph breaks through Line D, the downslope will be very sharp.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out