S&P500 Projections for This Week-Next Week
S&P500 Forecast-ed Move for this week.
ES 12-14 reached 2030 completing the forecast-ed move published at beginning of the week. There is good probability for the market to reach the second boundary 2048-50 today or early next week. So sell stop loss can be moved now below 2028-30 level until the next target is reached either today or next week.
For the short entry the important question is, this week is the projected turning point for S&P to sail down for couple of week however, the top seems to be skewed to the right one weekly bar.
The confirming zone will be 2028-31 if the price closes below it.
ES 12-14 reached 2030 completing the forecast-ed move published at beginning of the week. There is good probability for the market to reach the second boundary 2048-50 today or early next week. So sell stop loss can be moved now below 2028-30 level until the next target is reached either today or next week.
For the short entry the important question is, this week is the projected turning point for S&P to sail down for couple of week however, the top seems to be skewed to the right one weekly bar.
The confirming zone will be 2028-31 if the price closes below it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.