S&P Long Term View

We had S&P during this years on 2 main channels.

First one is still valid and the second one is already broken and acting like a resistance.

We also have a short term channel (Yellow) that is driving the price to the purple support.

If we break the Purple channel we could see a continuation to 1840 or so.

Regards.

Trade ist aktiv:

Seems like it's bouncing on the last support line.

Kommentar:

Trend is broken and we are just pulling back.