S&P 500, Monday forecast, August 12
An uptrend will start as soon, as the S&P 500 rises above resistance level 2928, which will be followed by moving up to resistance level 2947. A downtrend will start as soon, as the S&P 500 drops below support level 2898, which will be followed by moving down to support level 2880.
Weekly forecast, August 12 - 16
A downtrend will start as soon, as the S&P 500 drops below support level 2898, which will be followed by moving down to support level 2816. An uptrend will start as soon, as the S&P 500 rises above resistance level 2947, which will be followed by moving up to resistance level 3024.
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