S&P 500 IndexUpdated SPX's what's next, if we break the Megapho, calculating target ?
Megaphone = Broadening formation. If this plays out, new ATH coming soon.
Note
Nice break out, need a confirmation "3 days " above the line shall be enough for the bullish case.
Trade active
Bullish case in fulllllllllllllll speeeeeeeeeeeeed ;-).wish you the best.
Note
In Progress 94 points to reach target. Three to four of our different analysishave early 4000s as target, 2 channels + 1 diagonal+ 2 Megaphones. But, Big Mama
is here to help. ( no update on that from trading view M2 for a while !!!)
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.