S&P 500 IndexLong
SPX daily 2 Dec Fri
2 Dec Fri
Yesterday we have seen price bouncing off it's first supply zone 4100. Momentum from previous day has helped to keep the price high. Bouncing down to grab some liquidity at 4050 and continuing slow climb up.
From classical PA perspecitve we have closed above 200 EMA and a year old sloping resistance. With strength.
Soft landing might acutually happen and we will continue this bullish momentum.
Bias bullish.
Yesterday we have seen price bouncing off it's first supply zone 4100. Momentum from previous day has helped to keep the price high. Bouncing down to grab some liquidity at 4050 and continuing slow climb up.
From classical PA perspecitve we have closed above 200 EMA and a year old sloping resistance. With strength.
Soft landing might acutually happen and we will continue this bullish momentum.
Bias bullish.
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