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Saturday, June 12, 2021

πŸ’‘ S&P500: analyst review for June 14-18.

πŸ’‘ S&P500: analyst review for June 14-18.

S&P 500 CURRENCYCOM:US500

πŸ“Œ During last trading week, as we wrote in our last weekly review, the bullish trend continued to rise successfully.
Large participants stealthily gained buy positions, increasing the net bullish outperformance by 18%.
A 5% increase in locked-in investor positions hints at the likelihood of the asset's price channel movement during the new trading week.
πŸ“ The main scenario for next week is a retest of the market maker balance (4215.0) and a subsequent rise to the hedge zone (4300.0).
In case of breakdown and fixation above the option price level at 4300.0, we expect a continuation of long term growth with medium term target,- loss of market maker (4362.2).
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