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S&P 500 Index
Long

SP500 To Test Pivotal Equality Objective

By Tickmill
Broker
The SP500 looks poised to test the pivotal equality objective sited at 4241, watch for bullish reversal patterns to develop in this area to set long positions targeting a fifth wave upside extension to test ascending trend line resistance towards 4750. Only a loss of 4090 would warn of a more meaningful top in place and extended corrective phase.
Harmonic Patternssp500analysissp500indexTrend AnalysisWave Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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