SPX - Rising Trend Channel [MID TERM]

🔹SPX is in a rising trend channel in the medium long term.
🔹SPX moving within a rectangle formation between support 3946 and resistance 4384.
🔹Upward breakthrough of points 4300 means a positive signal.
🔹Overall assessed as technically NEUTRAL for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️