Bill Gray
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S&P 500 on holiday)

Hello guys! You may be surprised, but I check my favorite S&P 500 chart even when on holiday. In line with my projections, after having tested the support level, the price headed north, broke through the all-time resistance level and continued its movement. We will know what direction it took only next year. I personally forecast the price to fall below the 1,810 support level and resume its ascent from there or to move towards the upper band. I believe that the first scenario is more likely, which is indicated by the MACD showing divergence.

Meanwhile, enjoy the holiday palls while markets are shut.