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S&P 500

S&P PARTY IS REACHING ITS END

Por SinocTraders
It´s clearly notable that the S&P has been in a great uptrend cycle which involves 8 years. We can also see that small uptrend inside the cycle. what this tell us? well as we can see in the price evolution since 2016 the S&P tried several times to reach the 8-year cycle top but it failed. Now it might be probable that the S&P will decline to 2257 then to 2182 and finally to 2085 wich is the 8-year cycle support, if that support is perforated the crash might be bigger (1980/1850).
SinocTraders

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