S&P started the year bullish putting in a higher low on our daily chart and after reaching the trend line(that is the talking point in all analyses) corrected slightly.
At this moment the price is flirting with 4k figure and a break up seems very probable.
In such an instance 4.2-4.3k zone becomes in focus for the short term.
P.S: For the long term, on the other hand, I'm not convinced that we have found the bottom
At this moment the price is flirting with 4k figure and a break up seems very probable.
In such an instance 4.2-4.3k zone becomes in focus for the short term.
P.S: For the long term, on the other hand, I'm not convinced that we have found the bottom
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