Erland

S&P500 rise over?

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Erland 已更新   
OANDA:SPX500USD   S&P 500指数
RSI divergence says that the rise is over unless there is another spill of money and RSI may rise. Otherwise it is set to drop.
评论:
4150 target has been hit (as was noted on previous old idea) and it is a question of time to see a good long term buying spot. 2000 seems nearly impossible but everything is possible here
评论:
Price is starting to show signs of weakness but it has not finished rising. 4300 is still possible.
评论:
If however 4300 is reached and it is not a pin bar on weekly chart - we may be heading to 5450 which changes the picture as 4200 is the resistance line which divides a drop from further rise.
评论:
As mentioned earlier - 4300 was hit and went over it thus with some shallow pullbacks we will continue towards 5450 over the next couple years and this invalidates a possibility for a sharp drop. A drop as such will happen but not this year.
交易结束:到达目标

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