SP 500 Index US financial markets forecasts in December 2019 By Francesco Massetti Posted on 27 September 2019 Condividi su Facebook Condividi su Twitter Condiviso su Google+ Condiviso su Pinterest Condiviso su Linkedin Condiviso su Tumblr sp 500 index SP500 Index quarterly september 2019 SP 500 Index US financial markets forecasts SP 500 Index financial market forecasts using the technique of the American economist W.D. Gann. SP500 Index september 2019 S&P 500 Index financial market medium-term forecasts The 1X2 corners taken from the triple minimum of March 2009, May 2011 and October 2011 constitute the ascending corridor of the American Index for this second decade from the 2000s. From the false bearish break in February 2016, S&P 500 Index has re-set a new upward trend, which has led the exchanges in January 2018 up to level 2,872.87, on the upper part of the corridor. The 1X1 corner has started from February 2016 minimum and has given a valid support both in November 2016 and in February 2018: the recovery of positivity in this last period has brought quotations back to the January 2018 maximum, until reaching 2,940.90 level in September 2018. The 1X1 Zero corner from the minimum of October 2011 has slowed the American market’s decline in December 2018, which has definitively blocked at the base of the ascending corridor at level 2,346.58. Just as it has reached the bottom area of the corridor, the market has resumed its growth with a strong recovery. The new positive recovery has brought S&P 500 Index to a new top in July 2019 at level 3,027.98. The new time cycle expiring in September will indicate the directionality until the end of the year. The infringement of level 3.035 will indicate the positive continuation of the American financial market: first resistances at 3,060; 3220. The return below level 2,790 will confirm the negativity of last August: first supports at 2805; 2,726. S&P 500 Index financial market medium and long-term forecasts sp500 Index quarterly september 2019 Also in the quarterly time frame the ascending corridor is clearly visible, formed by the 1X1 ascending corner and by the 1X1 Zero corner. The 1X1 corner radiated by the minimum of the last quarter of 2011 perfectly divides the ascending corridor in half, which has given an excellent support at the end of 2014 and has constituted a strong resistance both at the end of 2018 and in this third quarter of 2019. Further resistances at 3100; 3400. The financial forecast of S&P 500 Index was created thanks to the Top Trader© Stock Exchange software.