SPX In A Bull Flag Until 2028 Pullback to Monthly 200sma
Based on how price is behaving, I believe SPX is in a bull flag pullback to the monthly 200sma. I will show other points to back this claim up.
I foresee price reversing soon off the top of this flag channel. Should then sell off for another leg below October low.
should see three pushes lower as October low was the first push, the second push is coming up soon. Price should bottom out at around 3000 before breaking the flag
I foresee price reversing soon off the top of this flag channel. Should then sell off for another leg below October low.
should see three pushes lower as October low was the first push, the second push is coming up soon. Price should bottom out at around 3000 before breaking the flag
Note
Note
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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.