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S&P 500 INDEX has formed triangle formation in daily chart.


S&P 500 INDEX


  • Index has formed triangle formation in daily chart, this indicates once index comes out from its formation then sharp movement is expecting.
  • Stock is also finding 200 days moving average support, as long as holds above bulls will be favored, bears will be favored once it holds below 200 DMA.
  • On down side S&P 500 Index will find strong trend line support around 1988 & 1972. Close Watch.
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1 comment:

  1. Unknown21 July 2017 at 15:14

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.