$QQQ $SPY $ES_F $VIX - MY $SPX Targets & Thoughts - Weekly Chart
I'm seeing bullish divergences in in the lower TF's and this is clear accumulation. Short term bottom may be in, but this 1841.47 level has my attention. I would like to see a move down for further bull capitulation. Psychologically taking out the August low, but not the previous October low, would be a fantastic long set up. Friday's close bouncing off support would be the perfect head fake to drop it lower.
I think this plays out Tuesday.
I think this plays out Tuesday.
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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.