Amazing similarity between SPX and APPL charts which is completely normal considering the weight of APPL in the market!
Shown supports on the charts are really strong and lets hope for the trend reversal at these supports. If not and they can not support may GOD support the market!
It is wise to consider the general attitude of the market if we want to open a position.
Same similarity can be observed for SPX VS MSFT and NVDA.
Good luck every one
Shown supports on the charts are really strong and lets hope for the trend reversal at these supports. If not and they can not support may GOD support the market!
It is wise to consider the general attitude of the market if we want to open a position.
Same similarity can be observed for SPX VS MSFT and NVDA.
Good luck every one
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Now spx is above down trend line.It broke the short term down trend line strongly. We will have a new ATH
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SPX took out the last minor high. Market is generally going up.
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SPX took out the labeled wave (b). It is very good event for Bulls.
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Congrats my friends. We have a new ATH.
Lets see if this could be the end of correction or it continues its path down to lower supports.