Hello altogether!
It is time to have a look at SPX.
Since the recent breakdown and weakness in SPX, I am expecting a last nice move up.
I reckon the last move will take us into the 4900 area. Afterwards, only god knows what will happen :)
So far we are holding the vertical support line and already broke out the vertical resistance and are staying above.
4309 - 4330 is a nice buy area based on fibonacci retracement.
Let's see how this will play out.
Good trading!
It is time to have a look at SPX.
Since the recent breakdown and weakness in SPX, I am expecting a last nice move up.
I reckon the last move will take us into the 4900 area. Afterwards, only god knows what will happen :)
So far we are holding the vertical support line and already broke out the vertical resistance and are staying above.
4309 - 4330 is a nice buy area based on fibonacci retracement.
Let's see how this will play out.
Good trading!
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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.