TVC:SPX   S&P 500 Index
S&P 500

Up Trend is being witnessed.

Post Breakout above 3954.

The implication of breakout above 3954
is 4101 and 4289.

The level of 4101 is crossed and the same was shown in our earlier update on S&P 500.

A rising channel is now visisble.

Near term correction or sideways volatility may emerg
if close below 4123.

Expect a gradual move towards 4292 with volatilility for correction and may be for consolidation.

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.