From TradingView · · 30s
S&P500 Channel Up Targeting 7,510
S&P500 technical analysis shows a channel up trend aiming for 7,510.
In brief
S&P500 technical analysis shows a channel up trend aiming for 7,510. S&P500 technical indicators suggest a channel up trend targeting 7,510. Originally reported by TradingView.
S&P500 Technical Outlook
S&P500 is neutral on its 1D technical outlook with RSI at 48.171, MACD at 8.713, and ADX at 12.367.
Channel Up Targeting 7,510
The index is inside a 6-month channel up replicating July's bearish wave for a HL formation.
Expected Target
Technical analysis expects a similar target of 7,510 based on the 1D RSI LH formation.
The headline
S&P500 technical indicators suggest a channel up trend targeting 7,510.
