15M timeframe shown.
NYSE closed Christmas Eve to reference SPX movement.
Sitting at .618 resistance but also forming tops.
Generally speaking, the more attempts, the higher likelihood of a breakout; triple tops are BEARISH.
Don't get trapped long because the Santa Rally may not come.
Be cautious.
NYSE closed Christmas Eve to reference SPX movement.
Sitting at .618 resistance but also forming tops.
Generally speaking, the more attempts, the higher likelihood of a breakout; triple tops are BEARISH.
Don't get trapped long because the Santa Rally may not come.
Be cautious.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.