October 22, 2019 admin

S&P 500 technical analysis for the long-term view of the stock market

A long term ascending triangle is forming in the S&P500 , the triangle confirms a bullish trend up, the point of breakout should be around Jan.2020 according to our forecast.

Will keep a close look on this one since the market is in a short term directionless move, probably building the case for the next leg up.

Long term ascending triangle formation in the S&P500 by AlonHoresh
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