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The S&P 500 is fine...a higher move expected

S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Support and Resistance Trend Lines Moving Averages S&P 500 (SPX500) stocktrading stockmarketanalysis imredasouhail ismashprofit
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supportandresistance trendline movingaverage spx500 stocktrading stockmarketanalysis imredasouhail ismashprofit
Technically the S&P 500 looks bullish to me, after the trend we've been through since 30 October 2020 we've been holding a major support trend line ...

We boke it 3 times down but the 50 moving average did a great job holding the price up 6 times for the past 202 days every time we broke below the trend line ...

This time we are facing the same situation...and a higher move is expected.

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