Look for the SPX to trade rangebound between 2960 and 2880 for 2 to 3 weeks, followed by a significant move either to the upside or downside.
Its too early to tell which way the move will resolve, so be watching closely. My bias is towards the downside, specifically towards the trend-line at 2790, but considering the amount of liquidity the Fed has already pumped into the market, I would not be surprised to see the S&P shoot higher.
Its too early to tell which way the move will resolve, so be watching closely. My bias is towards the downside, specifically towards the trend-line at 2790, but considering the amount of liquidity the Fed has already pumped into the market, I would not be surprised to see the S&P shoot higher.
Not
S&P has fallen through support 2880-2870 and is failing to recapture it. 2790 is my next targetNot
A bounce to 2945-2960 still looks likely.İşlem aktif
First target achieved. Wait for pattern before entering short. The Fed pumped a lot of money into the market and is continuing to do so, which could potentially send this market back to new highs. Lets wait and see.İşlem aktif
Nearing 2nd target. Looking at the gap down, it looks like it could get as low 2880. Lets see what happens.Not
If the white trendline breaks decisively, which comes in around 2900, look out below. Otherwise, if it holds, look for another bounce as statedNot
Actually, to be more precise it comes in at about 2879Feragatname
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.