Technical Analysis and Outlook:
During the trading activity of the previous week, the S&P 500 Index exhibited a predominantly robust bullish trend, achieving a noteworthy marker by retesting the completed Outer Index Rally target of 6420, as outlined in last week’s Daily Chart Analysis. The primary objective now is to target the subsequent level, labeled the Outer Index Rally target, of 6620. On the downside, it is crucial to recognize that the current price movement is prone to retreat to Mean Support 6370 before the upward trajectory resumes.
During the trading activity of the previous week, the S&P 500 Index exhibited a predominantly robust bullish trend, achieving a noteworthy marker by retesting the completed Outer Index Rally target of 6420, as outlined in last week’s Daily Chart Analysis. The primary objective now is to target the subsequent level, labeled the Outer Index Rally target, of 6620. On the downside, it is crucial to recognize that the current price movement is prone to retreat to Mean Support 6370 before the upward trajectory resumes.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.