Get started
Symbio_X

SPX Parabolic Run-Up

S&P 500 Index (SP:SPX)  
Symbio_X Updated   
SP:SPX   S&P 500 Index
Trend Analysis
5
8
trendanalysis
Hello, SPX seems to be in a parabolic uptrend the coming Years before likely tanking down hardly at roughly 16000.
We soon approach the Resistance Curve where i expect a shorttermed Correction (5200-5500).
Potentially good short entry for day traders.

DYOR-
Comment:
generaly i dont advice to long current levels as a bigger correction should be arround the corner. but longterm this looks bullish. We are in the beginning/middle of a bubble propably.
Comment:

Related Ideas

Symbio_X
SPX fib setup
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.