H&S - SPX

31 thg 3, 2020

Cautious call considering the volatility recently, but it looks like SPX500USD is forming a Head and Shoulder pattern on the 6H.

The overall trend seems to suggest upward movement, but on two separate occasions price has been unable to break out of the historical support from March 2018. Coupled with the H&S pattern I expect a short term test of the local support @ 2491.

31 thg 3, 2020

Ghi chú

Reference of the fib

31 thg 3, 2020

Ghi chú

31 thg 3, 2020

Ghi chú

If 3.87% isn't enough, you could hold for a possible touch of the 0.618 fib level(7% profit from the time of this post)

1 thg 4, 2020

Đóng lệnh: đạt mục tiêu

TP hit this morning