S&P 500 (CFD): Corrective Structure in Short Term?

4 Nis 2023

On 1H chart the trend is bullish, but even if it wanted to develop a bullish impulsive structure (i-ii-iii-iv-v), in short term, it would have to trigger a corrective structure (ABC Pattern, for example) with a Target around $4,100.

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N.B.: Updates will follow below

4 Nis 2023

İşlem kapandı: hedefe ulaştı

Target 1 hit

5 Nis 2023

Not

intraday support...

5 Nis 2023

Not

6 Nis 2023

İşlem kapandı: hedefe ulaştı

During yesterday's session, our setup also reached Target 2 confirming the short-term bearish structure. With that in mind, very important US data is expected tomorrow despite Wall Street being closed, so be careful with your strategy choices.

7 Nis 2023

Not

Head and Shoulders Inverted (bullish) or bearish continuation structure on 1H chart.

10 Nis 2023

Not

Although the expected pullback was corrected, it did not reach 4.089 and thus did not form the "Right Shoulder".

10 Nis 2023

Not

Futures

10 Nis 2023

Not

11 Nis 2023

İşlem kapandı: hedefe ulaştı

Bullis Target 1 Hit! ❤