SPX In The Cross Roads!
Hey traders ! Hope you're having a good summer so far!
Let's dive into the SPX Oanda monthly chart to spot a continuous trend about to be constructed.
As the big money sets this market up for it's next move we have to wait for the completion of the footprints in order to follow the path to prosperity $$$
Here is the base build so far based on the monthly chart; A break above 5680.4 area paves the way to 6,023.7 area. If we break below 5011.9 area the bears will bring us down to 4541.2 area. After one of these moves happen the charts will have to reveal the next trading destination on the hit list.
During this construction expect lot's of trick moves and chop if we don't rocket into one direction or the other. Stay cool, stay calm while keeping your mouse in your palm.
Let's dive into the SPX Oanda monthly chart to spot a continuous trend about to be constructed.
As the big money sets this market up for it's next move we have to wait for the completion of the footprints in order to follow the path to prosperity $$$
Here is the base build so far based on the monthly chart; A break above 5680.4 area paves the way to 6,023.7 area. If we break below 5011.9 area the bears will bring us down to 4541.2 area. After one of these moves happen the charts will have to reveal the next trading destination on the hit list.
During this construction expect lot's of trick moves and chop if we don't rocket into one direction or the other. Stay cool, stay calm while keeping your mouse in your palm.
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