S&P 500 IndexLong
SP500
This is a two-part series. Part two. Will it long?
Now, let's look above the horizon. There are In two possible targets to close long 4500-4700 and 5200. Around 4600 it is a strong braking point on the monthly TF and I'm now sure that the SP500 will take that easily. It should be mentioned that all these targets are true only if a local lowest low will remain 3650.
Personally, I'm still waiting for a rally despite all nonsense that have been said recently. Will see.
There will no more updates on this topic till Friday before the election in November. Good luck!
-ks
Now, let's look above the horizon. There are In two possible targets to close long 4500-4700 and 5200. Around 4600 it is a strong braking point on the monthly TF and I'm now sure that the SP500 will take that easily. It should be mentioned that all these targets are true only if a local lowest low will remain 3650.
Personally, I'm still waiting for a rally despite all nonsense that have been said recently. Will see.
There will no more updates on this topic till Friday before the election in November. Good luck!
-ks
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