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S&P 500 Index
Long
Updated

SPX Daily Update

164
Bias has changed short term to bullish after today's downtrend line break. Notes on chart.
Note
Follow through with a gap up, retest and back up. Didnt close at the highs today.

Well, for now, everything depends on tomorrow's close and weekly candle. China tariff news is not being taken pleasantly as of now. Feels like the dump will be bought up, of course, that's just a speculation. If 2620 breaks or close below downtrend line, I'm back to chop to bearish bias.
Note
Played out bullish from this chart. But path wasnt straight forward. Lot of chop and bearish action in between throwing technical analyses off.
vectra-trades
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Bullish PatternsChart PatternsLONGS&P 500 (SPX500)Trend Analysis

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Bullish PatternsChart PatternsLONGS&P 500 (SPX500)Trend Analysis
vectra-trades
Also on:

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.