Looking at what the American index has been doing in recent years, it’s hard to say that the situation would collapse. At the moment, I can see increases and I am even tempted to say that we will see new price maximums soon. The general idea is for long positions, but if there was a correction, the first place of observation would be the level with the horizontal support line. After breaking the support line, the second level that I will watch will be the place where the trend line runs. However, I would like to point out that I do not assume a correction, but if it happened, I would see it this way.
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2021-04-08