I'd like to share this SPX analysis I have with you guys from today. We have a very clear bull flag we just have to wait for the perfect entry at the break of the upper trendline where i have the green oval. I'd like to see a close of a higher timeframe (1HR/4HR) candle to confirm break of bullflag for further continuation to the upside.
Also, consider that we have a gap that needs to be filled in the yellow rectangle area you see highlighted. Always remember to have a stop-loss in place. Not every pattern is always bound to be successful. Patterns can also be a "failed pattern" sometimes.
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