S&P 500 Daily Update: Small & BIg Pictures
6 years ago by haejin (88)
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Good stuff, thanx for keeping us updated on the SPX, we are currently just below the 618 @ 2627, curious if this will break. QQQ stopped at the 618...![0116QQQ.PNG](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmYHL2rWbPjnCYoEibXSTgcbeR5zF3W96Y9GbcP63GeoZx/0116QQQ.PNG)
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I see more of a wedge pattern as shown below. Wedge's often do a price overthrow so $2,700 potential before rolling over.
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmTqxtu8afPPMAPXU4RRT4818V94svkBdbhikhe9TvFMAP/image.png)
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The S & P 500 is the overall level of strength of the US economy This article discusses strategies and advice for trading through the S & P 500
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