S&P 500 IndexShort
SP500 is directed to $4200 after the last high!
January 19th Closing: The U.S. basket index concluded the day with a significant increase, recording a gain of 1.23% compared to previous values. The initial movements were lively, with the index opening at 4,796.3 points, surpassing the previous day's high. Throughout the day, it continued the positive trend, closing at 4,839.8, approaching the highest level reached during the entire session.
Status and Trend Analysis: Currently, the short-term outlook for the Standard & Poor's 500 index highlights a clear growth, with a target set at 4,873.3, but I don't believe it. In case of a temporary correction, the immediate target is set at 4,772.7. However, the prospects indicate a further downturn of the curve, reaching the peak of 4200. The situation reflects an uncertain phase and the potential for further negative market developments.
Status and Trend Analysis: Currently, the short-term outlook for the Standard & Poor's 500 index highlights a clear growth, with a target set at 4,873.3, but I don't believe it. In case of a temporary correction, the immediate target is set at 4,772.7. However, the prospects indicate a further downturn of the curve, reaching the peak of 4200. The situation reflects an uncertain phase and the potential for further negative market developments.
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