This SP500 chart was first shared in September 2021, over 15 months ago and the index has good chances to continue on the purple path.
In this yearly 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 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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