S&P 500, Tuesday forecast, November 26
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3127.5, which will be followed by reaching resistance level 3138 - 3145.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 3127.5, which will be followed by moving down to support level 3121.5.
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Weekly forecast, November 25 - 29
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3114.5, which will be followed by reaching resistance level 3132.5 and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 3175.
Downtrend
An downtrend will start as soon, as the S&P 500 drops below support level 3114.5, which will be followed by moving down to support level 3097.25.
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Monthly forecast: November - December
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3024 - 3008, which will be followed by reaching resistance level 3190.
Downtrend
An downtrend will start as soon, as the S&P 500 drops below support level 3008.50, which will be followed by moving down to support level 2951 and 2850.
(Click on image to enlarge)
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