HomeMarketsIndicesS&P 500 In 2023: New Lows Or A Rally?

S&P 500 In 2023: New Lows Or A Rally?

"There has been a zig zag technological pattern in the S&P 500 in 2022. Is a seasonal rally coming or will investors see new lows? I am watching the 3758 and 3697 key levels of support for the SPX. When indices are trending strongly, they will pretty much stay in lockstep. In October, there was a divergence with the Russell double bottoming and lower lows in the SPX," says Tom Alexander. He also weighs in on the divergence in the VIX or the Fear Index this year.

Futures

21 Dec 2022

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