A swift evaluation is conducted based on a single day without look back.
SPX is currently in a bull trend.
Prices are trading in a range of approximately 45.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 2842.30 - 2897.96.
Prices are consolidating between 2797.85 - 2954.86.
If strength and trend continue, SPX is trying to reach 2819.87.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 2802.59
The trend moving average: 2843.85
SAR: 2830.57
SPX is currently in a bull trend.
Prices are trading in a range of approximately 45.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 2842.30 - 2897.96.
Prices are consolidating between 2797.85 - 2954.86.
If strength and trend continue, SPX is trying to reach 2819.87.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 2802.59
The trend moving average: 2843.85
SAR: 2830.57
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.