Weekly forecast (September 25 – 29, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 4397, which will be followed by moving up to resistance level 4483 and if it keeps on moving up above that level, we may expect the market to reach resistance level 4566.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 4397, which will be followed by reaching support level 4302.
Monthly forecast, September – October, 2023
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 4302, which will be followed by reaching resistance level 4731.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 4302, which will be followed by moving down to support level 3916.
Source: https://www.fxstreet.com/news/sp-500-could-move-towards-the-4302-level-202309251050