Another falldown for S&P500 and then a rally

14 дек. 2022 г.

Due to the fact that every time S&P500 has approached the trend line, we have seen so much fall, but the recent fall from point E to F was less than the fall from C to D. On the other hand, the depth of corrections has increased every time it climbs towards the trend line. In this scenario, I guess that we will see another drop to the bottom of F and then we may see an upward trend and break the trend line. This idea was only from a technical point of view, and for more accuracy, it is necessary to follow the fundamental news affecting this index.