Those who followed the candle call on May 22nd, should have made about 6.5% on SP500 by now.
Let’s try to understand whether this rally is sustainable.
This SP500 overview contains the charts and covers:
– TA and Japanese Candlesticks analysis;
– Elliott Wave forecast for SP500.
Previous weekly report:
https://investingangles.com/2022/06/05/sp500-weekly-analysis-05-06-2022-spx-spy-spy-markets-wsjmarkets-es_f-spx-seekingalpha-forexcom-equities/
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Latest SP500 quarterly/monthly analysis:
https://investingangles.com/2022/03/31/sp500-monthly-analysis-forecast-31-03-2022-spx-spy-spy-es_f-spx-ndx-dji-russell/
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