Near-term uptrend for S&P 500 and up 13.6% from the December low

S&P 500 cleared resistance at 2600 and it cleared the 50-day average.  The next resistance zone is the downward sloping trendline and the 200-day average.  

Reference my last post on the S&P 500 Index.


Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.