Get started
Silvestrov

S&P-500 - megaphone still can be in play

S&P 500 Index (SP:SPX)  
Silvestrov  
SP:SPX   S&P 500 Index
Support and Resistance Supply and Demand megaphone megaphonetop S&P 500 (SPX500) SPX (S&P 500 Index) usindex Equity Chart patterns
4
2
supportandresistance supplyanddemand megaphone megaphonetop spx500 spx usindex equity chartpatterns
Quite incredible, that despite recent rally in stocks, megaphone setup still remains valid and could be in play for SPX

For almost two months now index is moving allong resistance and having hard time to break it out to the upside.

Higher levels definetely possible, but I would be more concerned with taking profits and buying protection right now.

Related Ideas

Silvestrov
S&P-500 - is megaphone indeed playing out?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.