YaKa

SPX - Weekly update

FX:SPX500   S&P 500 Endeksi
4

Although 2160 looks possible if there is a breakout, I think it is unlikely (too obvious).

The risk of a breakout is still existing but I bet it would be a fake one.

WIth or without fake breakout, i think the next move is one below 2040 that shall open new dynamics to 1900.

I would buy 1900 to target 2250 in November.

SPX got stuck in the current congestion(2040/2120) zone for 11 weeks. Something is probably going to happen.

Over 4 weeks
Max upside: 4%
Max downside: 10%

Trading plan: a touch on the 100w ema before a major firework rally..
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.