Long
SPX Could Takeout Take $4137
Since the monthly and weekly point towards more gains on SPX, I will be looking for buying opportunities near $3900-3910 (Weekly Support),
As soon as the H4 creates an exhaustion pattern, I will place some buys from the 5-15 min timeframes around $3900-3910
We should expect a quick H4-H1 downside impulse between London and US open followed by a nice impulse to the upside resulting in a daily candle that forms a wick to the downside.
As soon as the H4 creates an exhaustion pattern, I will place some buys from the 5-15 min timeframes around $3900-3910
We should expect a quick H4-H1 downside impulse between London and US open followed by a nice impulse to the upside resulting in a daily candle that forms a wick to the downside.
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