MarketIntel

SP500: Tanking or Pushing? 🤔🤔🤔

OANDA:SPX500USD   S&P 500 Index
Currently, we see the SP500 turning into a corrective pattern soon. This should stretch out all the way between 4089 and 4069 points. Below 4123 points, this scenario would be confirmed. From there, we expect the SP500 to push for new ATHs above 4200 points. If the index manages to directly reach above 4201 points the 30% chance of directly expanding ATHs become the primary expectation.

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