snour

US 500 Index should target 5833

Long
PEPPERSTONE:US500   US 500 Index
Weekly chart, the Cup Handle chart pattern was formed, after having crossed the resistance line in Nov. 2023.
Technical indicator MACD is positive; confirming this view.
The target is 5833, extending to 5905

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.