SPX500 - Exchanges will Continue to Increase Reaching a New High

SPX500 - Exchanges will continue to increase reaching a new high

The Progressive increase in Volume shows the increase in exchanges during the Sell Off. But it gives also an indication of the effort in opposition to the price progression. Then, the progressive increase precedes the hesitation to decline because of the relative increase in supporting demand.

The Volatility is very high. The Selling Wave has reached the 6th Average Trend Pointer. Scaling the Volatility Channels reaching the 6th Volatility Range.

Details on the chart.

Thank you
Girolamo Aloe

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