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Silvestrov

S&P-500 - megaphone still can be in play

El Índice S&P 500 (SP:SPX)  
Silvestrov  
SP:SPX   El Índice S&P 500
Support and Resistance Supply and Demand megaphone megaphonetop S&P 500 (SPX500) SPX (S&P 500 Index) usindex Equity Chart patterns
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supportandresistance supplyanddemand megaphone megaphonetop spx500 spx usindex equity chartpatterns
Quite incredible, that despite recent rally in stocks, megaphone setup still remains valid and could be in play for SPX

For almost two months now index is moving allong resistance and having hard time to break it out to the upside.

Higher levels definetely possible, but I would be more concerned with taking profits and buying protection right now.

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Silvestrov
S&P-500 - is megaphone indeed playing out?
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