#SPX - 1

Currently I see several possible scenarios for the possible price action.

I will do my best to explain every possible move very clear, even though I think it will be a bit tough for me, because of such variety.

***Let’s begin with short term possible scenario.***

***#SPX 1W TF***

I always give as possible play out for Longs, as for Shorts.

In my opinion, if looking at the bigger picture - the Bullish trend will continue, for that I have several reasons. And about that I will write at the end of this article.

*Now about the current chart.*

**Next week**, possible that we will see some range with the continuation of the uptrend.

If you look at **n.1** - I expect that #SPX will have some consolidation above the level **4500$.**

(*This level is SUPER IMPORTANT. I was talking about it in my previous posts. It was standing as a very STRONG resistance for a WHILE.)*

If we see that #SPX is loosing the support at **4500$** in this case, next important level to bounce is at **4395$. (n.2)**

*(It is a new level, I was adding it as a new strong resistance level before, when SPX was in downtrend.)*

And only loosing the support at **4395$,** will bring another crash**. (n.3)**

In this case, I have all important support level already mentioned in the chart.