S&P 500 IndexLong
still bullish- not ready to retrace
monthly;
Price and volume in harmony. And even if demand is looking like decreasing right now, its still strong and gonna need a lot of strength from the sellers for starting to retrace now. Because the bullish volume having been so strong is showing that buyers are present and serious.
weekly
Last week closed on strong demand volume and bullish engulfing candle. Making HH with presence of demand volume strong on the highs and strong absorption of supply on the retracements.
Gonna share again about it before the market open because it be looking really clean too
Price and volume in harmony. And even if demand is looking like decreasing right now, its still strong and gonna need a lot of strength from the sellers for starting to retrace now. Because the bullish volume having been so strong is showing that buyers are present and serious.
weekly
Last week closed on strong demand volume and bullish engulfing candle. Making HH with presence of demand volume strong on the highs and strong absorption of supply on the retracements.
Gonna share again about it before the market open because it be looking really clean too
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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.