S&P500: correction is expected; uptrend continues. Technical analysis of 11.05.2016.

Forex analytics: Review and dynamics Since mid-April, when the index S&P500 had reached annual highs at the level of 2108.0, regaining all losses sustained from the beginning of the year, the index is undergoing correction in the ascending channel on the daily chart.Downward correction stopped last Friday after the release of US labor market statistics for April, which was weaker than expected. It became known ...