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DaferAli
Oct 25, 2021 5:34 AM

SPX500 Long

S&P 500 index of US listed sharesFXCM

Description

FR----->>>>> 4585
ST------->>>4490
T1:----->>4585
T2 along time : 4820
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There are many possibilities
The chart shows that the head and shoulders pattern is near completion
So: it is expected to retreat to 4490, then return and achieve the first target 4585
Or go immediately without going back to 4585 and then back to 4490
Then return and achieve a new historical high at 4820-4830-4850

This is expected and technical analysis only

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Comment

T2 along time : 4820
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