SP500 on the daily chart retraced exactly at the 0.5 Fibonacci level over an ascending trendline.
The price started then an impulse to the upside and is now trading below a previous resistance area .
According to Plancton's strategy if the price will break above we will see a nice long potential and new high at 4300-4400
The price started then an impulse to the upside and is now trading below a previous resistance area .
According to Plancton's strategy if the price will break above we will see a nice long potential and new high at 4300-4400
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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.