Skip to content

SPX 500 Index October 19 2021 – Another high?

SPX October 19 2021

Is another high on the cards for the SPX 500 Index? Today’s movements and alignments with other key indices and commodities would suggest this is possible and this is the reason we have cancelled our short entry zone at around 4525 to 4550 – it’s simply far too risky for a short at this stage.

We urge caution now as we approach the current trend line which has shown significant support in the past and NO RESISTANCE!

Unfortunately there is no good long proposition at this stage either – we are effectively in “no mans lands” when it comes to entering low risk/ high reward trades which means the SPX could be out of bounds for the remainder of October.

SPX October 19 2021
SPX 500 Index Forecast Update October 19 2021

We’ll keep a watchful eye on the S&P 500 and if anything changes we’ll provide and update on Twitter first.

$ 15.00
Personal Info

Donate quickly and securely with Stripe

How it works: A Stripe window will open after you click the Donate Now button where you can securely make your donation. You will then be brought back to this page to view your receipt.

Index Setups

10.00
Please Donate to help keep our analysis FREE

Donation Total: $15.00

Disclaimer

The content on this site including products sold in our store and our posts on Twitter, Facebook, Instagram, Pinterest, Linkedin and any other site or medium are not investment advice. If you wish to trade or invest based on our analysis you should do so with great caution and consult your financial adviser. Remember never to invest or trade more than you can afford to lose.