-
USDCAD Looks Bullish Long-Term! – Elliott wave (video)
January 16, 2020 · Comments Off on USDCAD Looks Bullish Long-Term! – Elliott wave (video) -
Elliott Wave View: Pivotal Software Inc. Lost 45% In Value In 1 Day
June 9, 2019 · Comments Off on Elliott Wave View: Pivotal Software Inc. Lost 45% In Value In 1 Day -
EURUSD : Sell Trade Setup
May 8, 2019 · Comments Off on EURUSD : Sell Trade Setup -
Elliott Wave View Expecting AUDJPY to Extend Lower
May 7, 2019 · Comments Off on Elliott Wave View Expecting AUDJPY to Extend Lower -
Elliott Wave View: S&P 500 Futures Eyeing New All-Time High
April 16, 2019 · Comments Off on Elliott Wave View: S&P 500 Futures Eyeing New All-Time High
analysis
AUD USD
binary option
buy sell
Canadian Dollar
candlestick
charts
day trade
day trading
down trend
ElliottWave
Elliott Wave Theory
EUR
Euro
EUR USD
fibonacci
forecast
Forex
futures
how to trade
Japanese Yen
learn to trade
macd
make money trading
moving average
profitable trading
profits
resistance
spread betting
stochastic
stop loss
support
Technical Analysis
technical commentary
Technicals
technical trading
trade idea
trade signals
trading advice
trading education
trend line
up trend
USD
US dollar
volume
FWP Network > Forexhound.com > Analysis > Stock Market Analysis > Indices > Technical forecast for S&P 500
Technical forecast for S&P 500
Indices · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
S&P beat 1653/55 resistance as we look for 1659. If we reach as far as 1665 this should offer a
selling opportunity with a high for the recent bounce expected. This is seen as a correction only to last week’s losses, with selling to continue towards the end of the week.
Immediate support is 1653/55 but below 1650 look for 1645. This is quite good support & could hold the downside today, but below here we look for a retest of last week’s low at 1634/32. A break lower cannot be ruled out this week & should target 1627/26 but this is strong support for a first test at least so maybe exit shorts & try longs with stops below 1620 for a buying opportunity at 1614.