Technical Analysis on .SPX

Hello everyone! Today i want to share some technical analysis with you!

The broader market $S&P 500(.SPX)$ , $NASDAQ(.IXIC)$ & $DJIA(.DJI)$ are all at or near all time highs, whereas the 'risk-on' categories are at or near a significant resistance level preventing a breakout

$ARK Innovation ETF(ARKK)$ is on its fourth attempt to break above $52 since becoming range bound mid 2022

The $iShares Russell 2000 ETF(IWM)$ while argued by some has already broken out, price is heading into a very visible level of resistance at $212, this was the floor (support) for the entirety of 2021

I ponder how fast euphoria fades if the broader indices progress through a sizable pullback and small caps follow a similar course.

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AfraSimon
04-01
AfraSimon
Interesting analysis on the broader market indices!

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Today i want to share some technical analysis with you!The broader market <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> , <a data-mention-id=\".IXIC\" class=\"teditor-mention\" data-mention-name=\"NASDAQ\" href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> &amp; <a data-mention-id=\".DJI\" class=\"teditor-mention\" data-mention-name=\"DJIA\" href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> are all at or near all time highs, whereas the 'risk-on' categories are at or near a significant resistance level preventing a breakout <a data-mention-id=\"ARKK\" class=\"teditor-mention\" data-mention-name=\"ARK Innovation ETF\" href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a> is on its fourth attempt to break above $52 since becoming range bound mid 2022 The <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> while argued by some has already broken out, price is heading into a very visible level of resistance at $212, this was the floor (support) for the entirety of 2021 I ponder how fast euphoria fades if the broader indices progress through a sizable pullback and small caps follow a similar course.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/733a9796f9b982fb9359d13a42de955a\" tg-width=\"916\" tg-height=\"571\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/c27c7e471e44c5d9c2a185420039e362\" tg-width=\"916\" tg-height=\"571\">ImageFollow me to learn more about ananlysis!!https://twitter.com/tomthetrader1</body></html>","htmlText":"<html><head></head><body>Hello everyone! Today i want to share some technical analysis with you!The broader market <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> , <a data-mention-id=\".IXIC\" class=\"teditor-mention\" data-mention-name=\"NASDAQ\" href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> &amp; <a data-mention-id=\".DJI\" class=\"teditor-mention\" data-mention-name=\"DJIA\" href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> are all at or near all time highs, whereas the 'risk-on' categories are at or near a significant resistance level preventing a breakout <a data-mention-id=\"ARKK\" class=\"teditor-mention\" data-mention-name=\"ARK Innovation ETF\" href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a> is on its fourth attempt to break above $52 since becoming range bound mid 2022 The <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> while argued by some has already broken out, price is heading into a very visible level of resistance at $212, this was the floor (support) for the entirety of 2021 I ponder how fast euphoria fades if the broader indices progress through a sizable pullback and small caps follow a similar course.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/733a9796f9b982fb9359d13a42de955a\" tg-width=\"916\" tg-height=\"571\">Image<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/c27c7e471e44c5d9c2a185420039e362\" tg-width=\"916\" tg-height=\"571\">ImageFollow me to learn more about ananlysis!!https://twitter.com/tomthetrader1</body></html>","text":"Hello everyone! Today i want to share some technical analysis with you! The broader market $S&P 500(.SPX)$ , $NASDAQ(.IXIC)$ & $DJIA(.DJI)$ are all at or near all time highs, whereas the 'risk-on' categories are at or near a significant resistance level preventing a breakout $ARK Innovation ETF(ARKK)$ is on its fourth attempt to break above $52 since becoming range bound mid 2022 The $iShares Russell 2000 ETF(IWM)$ while argued by some has already broken out, price is heading into a very visible level of resistance at $212, this was the floor (support) for the entirety of 2021 I ponder how fast euphoria fades if the broader indices progress through a sizable pullback and small caps follow a similar course. 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