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SPX 500 futures at support, expect a surprise rally
S&P 500 Index
Long
SPX 500 futures at support, expect a surprise rally
By the_sunship
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Updated
May 11, 2022
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May 11, 2022
Chart tells the picture, rally at open likely as long as these levels hold. If not, lower trendline target by friday.
May 11, 2022
Note
If the trendline target is correct (that's a BIG IF) we should get to the .618 fib by tomorrow-or friday
May 11, 2022
Note
Another possible trendline target, gets us to Friday (IF THIS IS CORRECT)
May 11, 2022
Note
so far so good, needs to get over 4k and hold for the rally to occur
May 11, 2022
Note
Over, expect retrace to 4k or thereabout to be bought.
May 11, 2022
Note
it was a bear and then bull trap!
S&P 500 E-Mini Futures
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
Trend Analysis
the_sunship
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