KrunchieKilleen

S&P500 plunge may presage downtrend

FX:SPX500   Índice S&P 500
1
First day of October and already the Markets are plunging. However, it is not yet conclusive that this is any more than a down-swing within the range of the present uptrend. The Support Line I have drawn links the graph bottoms for the last year. The graph will either bounce off the line, indicating that the uptrend will continue for the present, or break through the line, signalling the beginning of a great sell-off. If not now, undoubtedly the sell-off will take place later this month.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.