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Richard_Muller

S&P500 extended from cloud zone, consolidation risk high!

S&P 500 Index (SP:SPX)  
Richard_Muller  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
S&P500 extended from cloud zone, consolidation risk high!

Taking some profits off the table here from a swing trade perspective since the S&P500 now well extended from the top end of the cloud and is moving into a swing trade profit zone!
Volume a bit low at these elevated levels. Swing back in after the pullback!


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S&P500: Extended, expect a brief consolidation to cloud levels!
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