Skip to content

SPX Index Forecast Update September 21 2021

SPX Sep 21 2021

Yesterday saw a nice snap down to our long entry zone and at the time of writing we have seen a recovery in price of over 90 points.

However we are now in a dilemma. We have a unconfirmed short term trend line bisecting a confirmed medium term trend line in the next couple of days. This increases risk on the long position (if held in isolation) so it could be worthwhile exiting the long as it approaches the “?” and maybe even thinking about entering a short with a tight stop.

A break above 4450 would give us confidence that the market could make one final push up for the year.

SPX Sep 21 2021
SPX 500 Forecast Update September 21 2021

Please Donate to help keep our analysis FREE

$ 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.