SPX500 Chart Study 20230210

大盤突破年線(250-day simple moving average)之後繼續上行，受阻於100周均線4205(500-day simple moving average)已達六個交易日，現回抽ing年線4024測試突破之是否有效。.

預計大盤短期仍將在二者(4024 to 4205)之間來回折騰，直到突破二者之一，以定方向。

SPX500 is being blocked by 100-week simple moving avearge (i.e. 500-day simple moving average) after breaking out of the important year-line (250-day simple moving average).  It is retracing towards the year-line at this moment to test if the breakout was valid.

Expect SPX500 to move back and forth between these two lines (SMA250 and SMA500) in short term until one of them is broken out in order to determine the main direction.