SPX was rising since October 13 and reached 4100 on 1st of December where the resistance of the Trendline is positioned and failed to break it.
therefore, it's time for some rest. we have couple of major numbers
daily support 3908 if SPX breaks this support it will test 3877 first if didn't hold will go 3730.
if there any sings of bouncing in that area it will be lower high and will go to new highs
if no sings of bouncing and breaking 3730 we might see strong movement to downside.
therefore, it's time for some rest. we have couple of major numbers
daily support 3908 if SPX breaks this support it will test 3877 first if didn't hold will go 3730.
if there any sings of bouncing in that area it will be lower high and will go to new highs
if no sings of bouncing and breaking 3730 we might see strong movement to downside.
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Spx still holding 3800 temporary goodTrade active
3 Days close above 4100 Is required to reach mentioned targetsplease use stop loss order and be careful this week we have LC earnings and FOMOC
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one last pump before dumping? lest see what will happen.I'm only watching right now until I get clear direction
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1st bullish target after 6 months
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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.