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S&P 500 Index
Short
Updated

SPX -Waiting to play the range break

205
SPX is at interesting zone, with no clear direction. We are looking to play the break of the range. ( 3120 on upside and below 3100 on downside).
Downside targets- 3075, 3047
Upside - 3145
Note
Long above 3125 was taken tagged 3145 and 3165. probably the easiest fastest move into open
Now we have a old reference from 3165-75 zones. break above we go to new territory else look for a rotation.
Note
What inflection from 3165 areas, nice rotation and consolidation.
although the longer we spend above the 3120 levels the probability of resuming up move remains open.
PowerTrades
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Chart PatternsS&P 500 E-Mini FuturesS&P 500 (SPX500)Trend Analysis

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Chart PatternsS&P 500 E-Mini FuturesS&P 500 (SPX500)Trend Analysis
PowerTrades
Also on:

Related publications

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.