fredpui

$SPX the bottom is in - Aug 19

Long
SP:SPX   L'indice S&P 500
I am reporting this Spx chart as per my previous, i predicted that the market will top on Aug 13 and move down until Aug 19. Well, turned out that the market made the top on Aug 16 which is 1 trading day later. (Actually my key date was Aug 14 but because this is a saturday so i moved it one day earlier). When key date falls on a weekend, it's either one trading day earlier or later. In this case, it's the latter.

SPX gapped down and pull up strong after the 1st hour.

I am calling Aug 19 the bottom and we should be seeing another leg up.

*not a recommendation.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.