S&P 500 weekly forecast [Video]

[view original post]

This/Next Week Forecast (July 25 – 29, 2022)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 3922, which will be followed by reaching resistance level 4168.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 3922, which will be followed by moving down to support level 3723.

Monthly Forecast, August 2022

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 3922, which will be followed by reaching resistance level 4168 – 4202.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 3922 which will be followed by moving down to support level 3639.