Welcome to S&P 500 analysis. One week after my yearly analysis – and S&P 500 did what I was talking about. Even quicker than I thought. There are still some place for move down – especially watching 1893 and 1867 levels. Below that panic could start.
Below you will find updated charts of S&P 500 – on hourly, daily and weekly interval!
S&P 500 analysis – weekly.
I mentioned last week that 2005-2008 and 1993 are most important support level. If they will be tested, 100 points down will be my target. At this moment S&P 500 is on 1922. I think next key level is 1893.
S&P 500 analysis – daily.
Watching 1893 for possible bounce.
S&P 500 analysis – hourly.
Again 1893 and 1867 (as key midterm support):
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