Tag: spx

Jun 24
S&P 500 Wave Analysis – 23 June 2025

S&P 500: ⬆️ Buy – S&P 500 reversed from support area – Likely to rise to resistance level 6065.00 S&P 500 index recently reversed from the support area between the support level 5930.00 (which reversed the price multiple times from the start of June) and the 50% Fibonacci correction of the sharp upward impulse 1 […]

Apr 30
S&P 500 index Wave Analysis – 29 April 2025

S&P 500 index: ⬆️ Buy – S&P 500 index broke key resistance level 5500.00 – Likely to rise to resistance level 5700.00 S&P 500 index recently broke the key resistance level 5500.00 (former support from March, which also stopped A-wave of the active ABC correction B from the start of April). The breakout of the […]

Sep 19
Is the Fed preparing to crash the markets, or will it give them a helping hand?

The weekly balance sheet data from the Fed showed an increase of 10.4 billion – a very unexpected change as the central bank should, on the contrary, have accelerated the balance sheet reduction since the beginning of September. However, so far, the Fed has broadly stuck to its plan. The official release on May 4 […]

May 26
S&P 500 Wave Analysis – 26 May, 2022

• S&P 500 rising inside wave (iv)• Likely to reach resistance level 4100.00 S&P 500 index earlier reversed up from the key support level 3900.00, standing near the lower daily Bollinger Band and the support trendline of the daily down channel from January. The upward reversal from the support level 3900.00 started the active short-term […]