TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Investing.com

S&P 500 Wave Structure Suggests the Next Leg Higher May Already Be Underway

Investing.com Logo Investing.com By Dr. Arnout Ter Schure
S&P 500 Wave Structure Suggests the Next Leg Higher May Already Be Underway

Technical analysis suggests the S&P 500 may be positioned for a potential rally to around 7,120, based on Elliott Wave Principle and a potential Zweig Breadth Thrust event. The market has completed a correction phase and shows signs of potential upward momentum.

Insights
NVDA   negative

Stock mentioned as dropping sharply in related news, indicating potential short-term market pressure