Thursday Forecast

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 3804, which will be followed by reaching resistance level 3817 and 3823.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 3804, which will be followed by moving down to support level 3775.

S&P 500

This/Next Week Forecast (January 11 – 15, 2021)

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 3772, which will be followed by reaching resistance level 3900.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 3772, which will be followed by moving down to support level 3669.

S&P 500

Previous week forecast

S&P 500

Fundamental Analysis

Economic recovery shows potential for uptrend to the level 3800 – 3900.

Chart

Monthly Forecast, January 2021

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 3594, which will be followed by reaching resistance level 3800 – 3900.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 3594, which will be followed by moving down to support level 3475 and 3280.

 S&P 500

Previous month forecast

Chart

All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.

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