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S&P 500 E-mini Futures

Trend Remains Up in the S&P500

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Hard to be bearish the S&P500. After a false breakout in Feb above the 261.8 Fib ext from the 07-08 high/low, price just reclaimed the breakout level with a big green monthly candle, closing w/ the highest monthly close ever. The trend remains up and to the right. SPY ES_F SPX
FibLines
Chart Patternses_fSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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Chart Patternses_fSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
FibLines

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.