S&P500 Triangle
I've plotted Point D at 2087 Handle, As long as Price remains above D, We are likely to test 12.5 points higher which is the 2101 area. Once we touch the 2101, I've plotted an Open = High candle which is visible on the 2 hr chart.
Therefore, 2101 is not going to sustain where price is going to hit 2111 very quickly.
Levels to observe are longs above 2094.
And yes, we are in an uptrend
Therefore, 2101 is not going to sustain where price is going to hit 2111 very quickly.
Levels to observe are longs above 2094.
And yes, we are in an uptrend
Related publications
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.