SP500 has a lot of room down. As well as Russell. And many more. Beware.
In this weekly analysis, I will evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US and Global indices (CAC, FTSE, DAX, CN50, NIKKEI, NIFTY, ASX, HK50) and some Large Cap stocks. We will discuss technical events on different frames and provide the long- and short-term targets for the next moves.
This SP500 chart was first shared in September 2021, 15 months ago.
The same chart today – below:
This analysis is part of the @InvestingAngles Series for US and global indices, Crypto, Commodities, Currencies, and some Large Cap stocks.
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