S&P 500 Analysis Practice
S&P 500.
Red Line Resistance Line is currently looking much stronger than Green line Support Line.
S&P 500 is now channeling between the Daily 50MA
And a Channel with
Lower Support of M 3226
Upper Resistance of M 3543
D MACD has a bearish crossover
W MACD is indicating bearish crossover
M MA 50 has been broken on Apr 20 before bouncing higher.
Double top on Both W & D Charts
There is potentially a Failed Inverse H&S on D Chart.
M=Month
W=Week
D=Day
Not Advice to buy or sell
Red Line Resistance Line is currently looking much stronger than Green line Support Line.
S&P 500 is now channeling between the Daily 50MA
And a Channel with
Lower Support of M 3226
Upper Resistance of M 3543
D MACD has a bearish crossover
W MACD is indicating bearish crossover
M MA 50 has been broken on Apr 20 before bouncing higher.
Double top on Both W & D Charts
There is potentially a Failed Inverse H&S on D Chart.
M=Month
W=Week
D=Day
Not Advice to buy or sell
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