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VectorAlgo

S&P 500 Clear breakout

S&P 500 Index (SP:SPX)  
VectorAlgo  
SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Chart Patterns S&P 500 (SPX500) sp500index Bullish Patterns Bearish Patterns support Support and Resistance
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trendanalysis harmonicpatterns chartpattern spx500 sp500index bullish bearish support supportandresistance
S&P 500 broke out from the descending channel.

This is a confirmed breakout since it had clear retest.

Now it is trading at the resistance zone, if it breaks the resistance then we can continue seeing uptrend.

If it gets rejected then we can expect it to reach the next support.

Follow for more free analysis.
VA
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