S&P on the Weekly chart
Bull case
-Both MAs are turned up
-There's a daily Gap around 4219, must break and hold above
Bear case
-Candle and MACD divergence
-There's a daily Gap around 4219, may hit and sell off
Currently not in Market until debt ceiling resolved.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
Bull case
-Both MAs are turned up
-There's a daily Gap around 4219, must break and hold above
Bear case
-Candle and MACD divergence
-There's a daily Gap around 4219, may hit and sell off
Currently not in Market until debt ceiling resolved.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!