S&P 500 Weekly Forecast

Weekly Forecast (September 18 – 23, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 3981,25, which will be followed by moving up to resistance level 4204,75.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 3981,25, which will be followed by reaching support level 3741,25 and 3639.

previous week forecast

Monthly Forecast, September 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 4202.25, which will be followed by moving up to resistance level 4631.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 4202.25, which will be followed by reaching support level 3639 and 3397.50.

previous week forecast

Share on facebook
Share on twitter
Share on linkedin