S&P 500 IndexShort
SPX end of the week update
I had no time to post this last night, but I did the ES.
We did hit my upper target at 4210-20, reversed and never looked back!
Was looking for this move for several days now, but it came so big, I didnt expect to have so much of a move in 1 day.
This gives me more confidence on my lower target zone to hit 3930-50SPX
So for today's close 2 very important numbers are:
- 4157
-4125
Closing below second number will make me even more confident of seeing that lower target next week.
Main supports are:
- 4078 (expect a good bounce from this number, ideally to test 5150 level)
- 4050
Main daily resistance is at 4177 now
have a great weekend
We did hit my upper target at 4210-20, reversed and never looked back!
Was looking for this move for several days now, but it came so big, I didnt expect to have so much of a move in 1 day.
This gives me more confidence on my lower target zone to hit 3930-50SPX
So for today's close 2 very important numbers are:
- 4157
-4125
Closing below second number will make me even more confident of seeing that lower target next week.
Main supports are:
- 4078 (expect a good bounce from this number, ideally to test 5150 level)
- 4050
Main daily resistance is at 4177 now
have a great weekend
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