Will S&P 500 reach the 4168 level?

Anton Kolhanov Anton Kolhanov

This/next week forecast (July 25 – 29, 2022)

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 3922, which will be followed by reaching resistance level 4168.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 3922, which will be followed by moving down to support level 3723.

Monthly forecast, August 2022

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 3922, which will be followed by reaching resistance level 4168 – 4202.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 3922 which will be followed by moving down to support level 3639.

Author

Anton Kolhanov

Anton Kolhanov is a trader and an analyst. He started to study the Forex market in 2003.

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