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S&P500 Index: Two Potential Scenarios For Next Week 📈

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S&P 500 index (FX:SPX500)  
VasilyTrader Uppdaterad   
FX:SPX500   S&P 500 index
Rectangle Parallel Channel Support and Resistance indexes S&P 500 (SPX500) priceaction priceactionanalysis price
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rectangle parallelchannel supportandresistance indexes spx500 priceaction priceactionanalysis price
snapshot

Hey traders,

S&P500 index is weak and indecisive.
The market is stuck within a horizontal trading range.

Next week, wait for a breakout of a one of its boundaries.

Bearish breakout will trigger a further decline to 4335 level
while a bullish violation will trigger a bullish continuation to 4517.

Wait for a breakout & then follow the market.

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S&P500 Index (SPY) Important Breakout & Bearish Outlook 📈
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