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ilia.gobadze
Dec 10, 2022 9:29 PM

S&P500 Uptrend Long

OANDA:SPX500USD1W
US SPX 500OANDA

Description

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$5000 level is the target of this uptrend. Weekly chart shows that recession It is too early! EMA-150 and EMA-200 is used on this chart to determine the trend... Also we have bullish MACD divergence !

Comment

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Target is 5k level!

Comment

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US economy is ready to reach 5k level!

Comment

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5k$ level has been achieved. now time for correction ...

Comment

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Bearish market is ahead !
Trend AnalysisChart PatternsTechnical IndicatorsS&P 500 (SPX500)SPX (S&P 500 Index)sp500indexSPDR S&P 500 ETF (SPY) spylongspy500nasdaqdowjones
Comments
tradeprostocks2020
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Why because you made some lines? Do you know what it means to even reach 5k? Companies are already overrated as far as P/E ratios go
ilia.gobadze
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@tradeprostocks2020, Because fibonachi extention 161.8% is on that level. nothing personal, just technical analyses ...
ilia.gobadze
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@tradeprostocks2020, when i made this lines price was 3900 , now price is on 4450 level. If it reachs 5k it will be the end of this uptrend...
ilia.gobadze
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@tradeprostocks2020, ???
Just4us
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where is bottom?
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