Rally caps on - SPX500

11 thg 10, 2022

Downtrend looks to be over, Price should not be getting under 3560 for a while. My target from the previous structure is around 3900 depending on how much time it takes. A safer entry would be after 3700 is held and a backtest of the previous channel (green line), yellow arrow path is expected as of now. Good luck and good trading

11 thg 10, 2022

Ghi chú

Up to yesterday's resistance zone, may pullback a bit.

11 thg 10, 2022

Ghi chú

breaking above resistance level

11 thg 10, 2022

Ghi chú

retest of resistance - turned support - area, objective buy zone

11 thg 10, 2022

Ghi chú

they reversed hard so it looks like we'll make one more low. Weekly BB is at 3491 and may be the target. I still think this week is the reversal.