Major uptrend still in effect for the S&P 500. But how long more will it last?
There is a high probability the S&P 500 will test the trendline which is the 200-day simple moving average.
“The trend is your friend until it ends.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.