Technical analysis and S&P 500 Forecast on April 11, 2017


Quotations of the stock exchange index S&P 500 are trading at 2362. At the moment, the potential for continuing the growth of the index to the area above the level of 2380 is maintained. In favor of growth, the completion of the formation of the bull model of the Wolf wave will be performed, as well as a tight test of the support area on the indicator of relative strength.

Technical analysis and S&P 500 Forecast on April 11, 2017

Technical analysis and S&P 500 Forecast on April 11, 2017

It is worth to expect the S&P 500 quotations fall into the region at the level of 2350, where it is worth trying the purchases with the aim above the area of 2380.

Technical analysis and S&P 500 Forecast on April 11, 2017 implies the completion of the bull model of the Wolf wave and the continuation of growth to the area above the local maximum level, cancellation will be the fall and breakdown of the area 2300.


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