Downward trend? Don't make me laugh!28 Feb 2024 09:51
Posters who say sp is in a downward trend are, I'm afraid, talking rubbish. Take a look at the chart. The sp is in an upward trend, currently undergoing consolidation within a consolidation range. The sp will continue to do this until news, upon which it will break either upwards or downwards, depending upon the positivity or otherwise of that news. Personally, on a good rns, I think we'll see a break upwards on a w5 Elliott. However, this is just my opinion. We are certainly not, though, presently, trending down. GLA LTHs. Thumbs down trolls and derampers.