SPX is in a make or break situation. Break this bull flag, and we could head header to touch the $7,000 psychological level. Reject here, and we could see lower at $6,500.
After reclaiming the anchored vWAP, SPX is pushing into a stacked zone of resistances:
Upside trigger:
– Break and hold above the FVG + 0.786 (≈ 6835–6920).
– Target = retest of highs / 7000.
Downside trigger:
– Failure at FVG
- Breakdown of bull flag
- Move towards Rally POC at 6459
After reclaiming the anchored vWAP, SPX is pushing into a stacked zone of resistances:
- Upper Bull Flag trendline
- Bearish Fair Value Gap
- 0.618 Fib Retracement
Upside trigger:
– Break and hold above the FVG + 0.786 (≈ 6835–6920).
– Target = retest of highs / 7000.
Downside trigger:
– Failure at FVG
- Breakdown of bull flag
- Move towards Rally POC at 6459
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.