Big channel

Nov 9

Looks like S&P is heading towards the top of a big channel that began from October 2023 low. This is an attempt to predict when and where it would happen, which is approximately on November 18 at 6115.

Nov 17

Note

Perhaps the price will not reach the top of this channel. I have found another channel that turned the price down.

3 days ago

Trade active

Wow. I almost forgot about this chart, but now it came in handy. The price has reached the bottom of the local outer dashed channel. Some pullback shuold take place.