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S&P 500 Index
Updated

A GARTLEY HARMONIC SET UP FORMATION ON THE SPX500

158
SPX500 HAS BEEN CONSOLIDATING ON KEY PSYCHOLOGICAL/ROUND NUMBER SUPPORT - 2600 TODAY. JUST AT THE D POINT = 0.786 FIBONACCI LEVEL OF A COMPLETING GARTLEY HARMONIC PATTERN. AFTER SOME CONSOLIDATION I EXPECT THE PRICE TO RALLY FROM THIS SUPPORT LEVEL.
STOP LOSS SHOULD BE JUST BEYOND THE PREVIOUS LAW.
TARGET 1 = 2691
TARGET 2 = 2730
Trade active
PRICE ACTION BOUNCING FROM SUPPORT AS EXPECTED
Majani
Harmonic PatternsS&P 500 (SPX500)

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Harmonic PatternsS&P 500 (SPX500)
Majani

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.