Bouncing or just keep plowing on the upside

FX:SPX500   S&P 500 Index
The weakness we got from the high does look impulsive suggesting that is the trend for now and once this corrective rally is over, we should see another leg down.

But I don't think the corrective rally is over, the first leg from recent low might be. as we are butting against the 38.2% retracement and chart resistance at 2070 with the Slow Stochastic ( 13, 5 ) stretch and diverging. But regardless of what happens today, the right look suggest another upleg should materialize to bring prices towards 2080-2090 before another round of selling emerges.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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