Daily analysis and day trading setups on SPX SPX500USD 20220816
This is the first daily analysis and day trading plan for SPX. I am already publishing NASDAQ & DAX daily trading plans here >>
Line in the sand for SPX is 4280 but 4300 is too close so it is more like a zone of 20 points which is quite evident. The hourly bull flag is still in tact as long as Demand Zone 1 holds.
Macro US Building Permits, Housing Starts, CAD CPI
Buy
Break: 4295, 4313, 4327, 4347
Reversal: 4279, 4262, 4253, 4240, 4216
Sell
Break: 4281, 4285, 4254, 4243
Reversal: 4316, 4330, 4350, 4374
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Line in the sand for SPX is 4280 but 4300 is too close so it is more like a zone of 20 points which is quite evident. The hourly bull flag is still in tact as long as Demand Zone 1 holds.
Macro US Building Permits, Housing Starts, CAD CPI
Buy
Break: 4295, 4313, 4327, 4347
Reversal: 4279, 4262, 4253, 4240, 4216
Sell
Break: 4281, 4285, 4254, 4243
Reversal: 4316, 4330, 4350, 4374
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
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