SPX S&P500 that was the dip

2021년 10월 15일

After the S&P 500 broke the Uptrend, the price target for my group was the May top, which should turn into support:

So the price target was around 4220usd.

But there were lots of investors who bought the dip and didn`t waited for the obvious retracement after the broken uptrend, so SPX found support in May`s dip, 4280.

I expect a sideways movement before the S&P continues its rally.