Monthly & Weekly, Failed to break resistance. Looking for shorts Daily failed to break November highs. Many targets for TP. 4H MA's downtrend has begun. Looking for entry at another touch of 1.0036 level
At resistance, Possible Channel, wedges Daily RSI should remain below 60 for bear market Wedges, Resistances and Fibs
Entry 1 @ Red support Entry 2 @ Wicks between the 0.618 and 0.65 Targets at every resistance
S&P 500 - Intraday Channel play My favourite trade. Support in line with Trend line support. Break of All time high resistance and retested as support. This is the second retest. Bullish daily close indicating reversal.
Entering after trendline and support break
Waiting until break of 1.8540. Targeting next resistance
2 touches on either side. Targeting 1:1 extension
"Short bounce of the Upper trend-line" Play Currently in a range between the pink limits. Not breaking previous highs of 149.7 E1 is entry before confirmation. Short from the upper end of the range. E2 is entry after confirmation. Short from after the break Target is Previous Lows & Major Support
Uptrending Support bounce at previous low Hidden RSI Divergence TP2 is main target