3700 target met - SPX
Güncellendi
Target reached, long term structure now needs to hold. Under 3600 and a crash scenario is on the table. We are also under the Daily Bollinger band and very close to the Weekly lower band, both should act as support.
A reversal today would likely confirm the structure. If they don't rally, a large gap down Monday is possible and then this structure would become resistance. If they do rally, there will still be resistance at the green trendline - 3760-3800 area. Over that and it's bullish for a while. Good luck!
A reversal today would likely confirm the structure. If they don't rally, a large gap down Monday is possible and then this structure would become resistance. If they do rally, there will still be resistance at the green trendline - 3760-3800 area. Over that and it's bullish for a while. Good luck!
Not
BTC holdng fib trendline Not
DXY one more high made to resistance line Not
Emini target reached Not
30 year bond yields overshoot of resistance with possible reversal. Worth a watch. Not
I would think 3750 must be overtaken for dip buyers to start stepping in Not
one more low after open is possible but it shouldn't go too far, just enough for people to panic out.
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