None of major US indices confirmed today a bottom/reversal. However, if we look at the weekly candles that will be formed tomorrow, we could tell the future. Let’s try to decipher their candlespeak.
This SP500 overview contains the charts and covers:
– TA and Japanese Candlesticks analysis;
– mid- and long-term Elliott Wave forecasts.
Highly recommended today:
#Bonds Daily Update
VIX Daily Update
Previous weekly analysis:
The following section is available for the subscribers only. A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
Read more of this content when you subscribe today.
Latest SP500 quarterly/monthly analysis:
Follow @InvestingAngles – we offer the best long- and mid-term forecasts!