I marked the gap that SPX is trying to close - and it matches with the top of the channel it is in - right now it is a good spot to start a retracement, therefore this week looks bearish to me - but a final push towards mid December could happen - as marked on the chart. If that plays out - what's coming next is clearer than a baby's butt.
Down, then Up. Then DOWN.
Cheers!
Down, then Up. Then DOWN.
Cheers!
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.
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.