Analysis of the S indicator

The S & P 500 is still moving in a strong uptrend

And the forecasts still indicate the possibility of continuing the ascent Therefore,

it is preferable to look for long positions when there is any correction .

The indicator was able to form daily demand zones consistent with the uptrend

In case of correction, it is expected to rise from it to the goals described .

The analysis fails by breaking and closing below the specified demand zones .

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