SP500 Daily Stock Market Forecast (Symmetrical Triangle Coiling Up) | S&P 500 Technical Analysis

In today's Sp500 Daily Stock Market Forecast, we look at the S&P 500 using technical analysis.

The way I determine where price action moves is through support, resistance and candlestick patterns. By looking at these certain levels it helps with predicting where the stock market might head going into the next day / week / month.

The current pattern that is forming is known as a Symmetrical Triangle, Typically what you see is a fight between the bulls and the bears until it gets so tightly coiled up it explodes in a certain way. The overall context of the chart is bullish, so I think its a safe bet knowing we might see a run up tomorrow in the stock market

However, anything that can happen will happen in the stock market. make sure to manage your risk like a pro trader.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:27
SP500 30 Min: 02:23
Jet Ski Pattern: 05:26
Coco is sad: 07:30

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