S&P 500 Weekly Forecast

This/Next Week Forecast (April 12 – 16, 2021)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 4064, which will be followed by reaching resistance level 4400.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 4064, which will be followed by moving down to support level 3978.

previous week forecast
Chart S&P 500 This/Next Week Forecast, Technical Analysis

Fundamental Analysis

Economic recovery shows potential for uptrend to the level 4400 – 4800.

Monthly Forecast, April 2021

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 3978, which will be followed by reaching resistance level 4400.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 3978, which will be followed by moving down to support level 3705.

Chart S&P 500 Forecast 2020, Long-term Outlook, Technical Analysis

previous month forecast

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