SPX Index Forecast Update October 25 2021

SPX October 25 2021

There is still no clear direction on the S&P. It is hugging our “confirmed” upwards trend line but the Index could move either way from here. Similar to the FTSE 100 we would like to see this Index move quickly up to our short entry zone (which we have slightly narrowed) otherwise we may get a small retracement before making another high before the end of the year.

The situation with the SPX should become clearer in the next few days – in the meantime, be patient.

SPX October 25 2021
SPX Forecast update October 25 2021

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