Tag: sp500

Sep 16
S&P 500 Wave Analysis – 16 September, 2022

• S&P 500 broke key support level 3900.00 • Likely to fall to support level 3800.00 S&P 500 index recently broke the key support level 3900.00 (which has been reversing the price from the end of July) intersecting with the 61.8% Fibonacci correction of the upward ABC correction from June . The breakout of the […]

Aug 11
S&P 500 Wave Analysis – 11 August, 2022

• S&P 500 rising inside impulse waves (iii) and 3 • Likely to rise to resistance level 4300.00 S&P 500 index recently broke the resistance level 4170.00 (which stopped the earlier waves (4) and 2 in May and June). The breakout of the resistance level 4170.00 continues the active short-term impulse waves (iii) and 3 […]

Mar 15
S&P 500 Wave Analysis – 15 March, 2022

• S&P 500 reversed from support level 4140.00• Likely to rise to resistance level 4300.00 S&P 500 index recently reversed up from the key support level 4140.00 (which has been reversing the index from the middle of last year). The support zone near the support level 4140.00 was strengthened by the lower daily Bollinger Band. […]