SPX: Still Bullish! Could it reverse?
• The SPX is still bullish, as it is doing higher highs/lows, and there’s not a single bearish structure indicating a top sign (not at the moment, at least);
• The key support seems to the area around 3,900, as it is a key support seen in the 1h and D chart alike;
• Any pullback to the 3,900 would be normal and acceptable, if we see a top sign, however, if SPX loses this key support, the 21 ema in the daily chart would be the next stop for it;
• Either way, the trend is still bullish. Could it reverse? Yes, but we have yet to see a top sign on it. I’ll keep you guys posted on it every day.
Remember to follow me to keep in touch with my analyses!
• The key support seems to the area around 3,900, as it is a key support seen in the 1h and D chart alike;
• Any pullback to the 3,900 would be normal and acceptable, if we see a top sign, however, if SPX loses this key support, the 21 ema in the daily chart would be the next stop for it;
• Either way, the trend is still bullish. Could it reverse? Yes, but we have yet to see a top sign on it. I’ll keep you guys posted on it every day.
Remember to follow me to keep in touch with my analyses!
İlgili yayınlar
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.