MCFractalStudies

S&P500 it was unavoidable

SP:SPX   S&P 500 Index
As we all know, the past days on S&P500 and other stock indices has been a bit shaky!

The upwave started on 11 September 2017 saw the market appreciate of a whopping 19%, in a hurry and in a parabolic way.

In case you missed it, yeah, the upwave started on 11 September 2017 is now over.

What now?
The market is still technically bullish, that upwave was just part of a bigger uptrend started on 11 July 2016, and this uptrend is still pretty valid and active.

Eyes on the 2417 level, no panic as long as we stay above that point.

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