Pattern: Rising Wedge. Signal: Bearish if the Higher Low trend line breaks. Target: 3,170 (potential contact with the 1H MA50) and 3,135 (potential contact with the 1H MA200).
Pattern: 1W Channel Up. Signal: Bullish as the 3030 All Time High broke on a 1D bullish break out. Target: 3080 and 3100 in extension.
Pattern: Channel Up on 1W. Signal: Bullish as last week's Higher Low rebound pulled back to the 0.382 - 0.5 Fibonacci retracement zone. Target: 3020 (just below the 1W Resistance).
i short it at 3002.5 spychological level for 2 different way 1 possinility of double to monthly 2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH anyway every 1 tp taken i adjust my trailing top to the first tp i no made a Stop...
Pattern: Channel Up on 1D. Signal: Bullish as long as the S1 and S2 hold. Target: 2940. *note: How the support levels (S1, S2) match the Fibonacci retracement levels (0.618, 0.500).
Pair: US500 Index (SPX) Prediction: Buy / Long Target 1: 2844,00 Target 2: 2862,00
Pattern: Channel Down on 1D. Signal: Bullish as the Lower High broke to the upside. Target: 2840 initially, medium term extensions include 2870 and 2890 (all 1D Resistances). *note: buy backs above 2766 for the medium term.
Pattern: Channel Down on 4H. Signal: Bearish as long as the previous Lower High doesn't break. Target: 2820.
Pattern: Bullish Megaphone on 4H. Signal: Bullish after the price rebounded exactly on the Higher Low. Target 2,930 (projected Higher High).