#SP500 = Weekly Analysis = 26.12.2022 #SPX $SPY #SPY #ES_F $SPX #investing $QQQ $DIA $IWM #NIKKEI #NIFTY #CAC #DAX $FTSE #CN50 #HK50 $TSLA $AMZN $MSFT $GOOGL $NVDA $XOM $META $AAPL

SP500 index is declining as I flagged it a month ago and the next 4 days will be crucial for defining the next moves.

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 post is part of the @InvestingAngles Series that covers US and major global indices; bonds and volatility, commodities and miners, currencies and crypto, and some large cap stocks.

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