Get started
FXLeaders

The SPX Maintaining a Consistent Trend: More Upside?

Long
S&P 500 Index (SP:SPX)  
FXLeaders  
SP:SPX   S&P 500 Index
Trend Analysis Support and Resistance Parallel Channel SPX (S&P 500 Index) S&P 500 (SPX500) regression-trend-channel
5
1
trendanalysis supportandresistance parallelchannel spx spx500 regression-trend-channel
Looking back to 2016, the SPX has maintained a consistent trend. Thanks to the bounce on Friday we are now targeting a move back towards the highs.

2,800 is the first key target then the top of the channel is 2,900.

A strong showing on Friday has helped save us from a short-term sell-off.
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.