#SP500 = Weekly Analysis = 23.07.2022 #SPX $SPY #SPY #ES_F $SPX @markets @CNBC @FT @seekingalpha @marketwatch @wsjmarkets

Friday’s closure was bullish despite the loss. Let’s have a look at the candles and assess the probabilities.

In this weekly analysis, I will traditionally evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US indices and some global indices like DAX, CAC, ASX and FTSE. We will discuss technical events on different frames and analyze the long- and short-term perspectives for SP500 development using Elliott Waves.

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This analysis is part of the @InvestingAngles Weekly Series for US and global indices, Crypto, Commodities, Currencies, and some Large Cap stocks. Link here.

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