Is SPX Overbought? What will happen with the economy on verge of failing. We appear to ahve some room to gap up to $4619 ,but that will take some time our biggest target would first be to get to $4578-4584 then move to $4586-4594 then head up towards $4602-4617 on bullish side... If SPX fails to hold $4556-4552 quick will come $4533-4520 then follows $4517-4508 that will then trigger $4507-4499 then will follow $4497-4485 then we gap fill down to $4458-4421 which will take us back down to $4416-4410 which will drag us down to $4406-4393 then will come $4366-4353 then one gap after another will follow $4334-4319 then $4268-4245 and it will continue until we reach $3600
Trade active
We're about to experience the seasonal pullback with no lows.
One small act of kindness creates and endless ripple. Be Kind.
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.