SPX 30m support
Updated
30 minutes support has worked every time when the price has been below 200ema 30m and broken up through. Each time the course has fluctuated to test 200ema 30m again. Therefore, I see that the support comes around 3880 and then start on 3 wave.
VIX will meet daily resistance in 200ema around 25.5 where an increase to this level will pushs the price down on SPX. Then the VIX can drop down to level 18 to close the gap and can find support all the way down around 13 - this corresponding to SPX rising in price.
VIX will meet daily resistance in 200ema around 25.5 where an increase to this level will pushs the price down on SPX. Then the VIX can drop down to level 18 to close the gap and can find support all the way down around 13 - this corresponding to SPX rising in price.
Note
Trade closed: target reached
Now long to 4140
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