Get started
S&P 500 Index
Long

SPX Stay Long

By fxtrader66
1692/93 acted as resistance like I thought yesterday. If price can break this level than I believe this rally can go higher. This could turn out to be five waves targeting the 2.618 at 1698 to 1700. 1678 should act as support 38.2 fib and breakout level of channel. Not trying to call bottoms or tops, just trying to catch the middle.
fxtrader66

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.