➡️ At the time of writing this idea on the morning of Monday April 4, the index is trading at 34850. The price has fallen to the upper limit of the last balance 34350 - 34765 and is more likely to move further to its lower limit already. The expected movement is likely to take place within the downtrend channel.
In addition, a new balance is being formed with the boundaries of 34350 - 35342. On the chart with the D1 timeframe, this specified range looks like this:
The indicated upper boundary has already marked itself (35342), and the lower one will probably be exactly at the level of 34350 in view of the previous balance. Long is expected from this area (level 34350). Of course, the input is carried out by means of a specific signal. First of all, it should not be closing the price below this level. Targets for short-term deals will be the levels of 34565 and 34765. For medium-term deals, this will be the level of 35342, that is the upper border of the forming balance.
In a fundamental aspect, we can add that the fall will be associated with the ongoing military conflict between Ukraine and Russia. After that, as mentioned above, growth is expected within the new balance of 34350 - 35342.
🔥S&P500 Forecast Results🔥
☑️S&P500: buy priority 👉 +124 points✅:
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👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
In addition, a new balance is being formed with the boundaries of 34350 - 35342. On the chart with the D1 timeframe, this specified range looks like this:
The indicated upper boundary has already marked itself (35342), and the lower one will probably be exactly at the level of 34350 in view of the previous balance. Long is expected from this area (level 34350). Of course, the input is carried out by means of a specific signal. First of all, it should not be closing the price below this level. Targets for short-term deals will be the levels of 34565 and 34765. For medium-term deals, this will be the level of 35342, that is the upper border of the forming balance.
In a fundamental aspect, we can add that the fall will be associated with the ongoing military conflict between Ukraine and Russia. After that, as mentioned above, growth is expected within the new balance of 34350 - 35342.
🔥S&P500 Forecast Results🔥
☑️S&P500: buy priority 👉 +124 points✅:
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
