The higher time frame shows strong indication that the SPX is close to seeing a big move up.
Right now there is a very nice wedge pattern heading into support and I think this could be a prime opportunity to get in.
The setup is also occurring around key timing (NYSE Open).
Probability rating: 4/10
Risk to reward: 10/10
Overall rating: 7/10
Right now there is a very nice wedge pattern heading into support and I think this could be a prime opportunity to get in.
The setup is also occurring around key timing (NYSE Open).
Probability rating: 4/10
Risk to reward: 10/10
Overall rating: 7/10
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.