EmoteK

S&P500 is at a Decision Point. So, Where Will It Go?

OANDA:SPX500USD   S&P 500 Index
The buying wave that started as a result of a big sales wave and central banks giving the market plenty of money seems to have carried the index to its old peak.

The fact that it has reached these points without any correction is a bit thought-provoking, as the markets normally move in volatility (ups and downs coexist).

Therefore, if the index fails to break its weekly rising trend and its previous peak, a profit realization may be experienced.

However, if these levels are exceeded, 3700 levels may be considered normal for us in the future.

Only personal opinions and ideas. Does not Include Legal Investment advice...

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