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travis18haney

SPX Weekly Trend Bull Flag BreakOut Continuation 6600.00

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Indeks S&P 500 (SP:SPX)  
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SP:SPX   Indeks S&P 500
Trend Analysis Technical Indicators Chart Patterns
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Price this week has been in line with a continuation of the breakout of the Bull Flag. The measured move target minimum is 6600.00

This move is just getting started and I will be looking for bounces all day off the rising weekly 21ema

My ultimate target is 11,000 at year 2035.

This bull trend is very clean with its bounces off a rising weekly 200sma.

There is no reason to pick tops and go short at all. The secular bull trend started in 2009 and is still in motion.
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