Fisher_Fx

S&P500: A deeper correction or a new record high?!

CAPITALCOM:US500   S&P 500
The price for the S&P 500 is trading in
an upward channel right now.
However, rejection is showing at the channel top,
now it is back down to the support.
This is the level to look for either
break to the downside for deeper correction
or an upside bounce!
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Comments

Awsome structure :)
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Clean and easy, thanks
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Thanks for sharing
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Nice channel
Let's see if it holds
Thanks for sharing
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Totally agree 💯🙌
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Perfect chart and description 👌 I really love your work
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H&S on the lower timeframes so a correction further indeed! well done!
Reply
Bravo dear fisher
Reply
personally I see bearish potential more, but lets see how the market develops thx :)
Reply
I’d say continuation 😁👌
Reply
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