Is S&P 500 Ready for a Rally. What Chart & PE Ratio suggest

S&P 500 showing an early breakout signal. As per the Finasko.com, the current PE Ratio of S&P 500 Index is 19.88 which is below its historical Average of 22. It shows that Market is fairly valued and if price sustains above the trendline, we can expect a rally
finaskoperatiosp500indexSPX (S&P 500 Index)Trend Analysis

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