US500 ~ November TA Outlook (4H Intraday)

US500 chart mapping/analysis.

Ripping bounce off lower range of descending parallel channel (white) into upper range of Golden Fib Ratio (66% Fib / ~4370).

TBC consolidation/retracement for further bullish momentum to re-test upper range of parallel channel, or bearish continuation of downward trend.
CFDcfdtradingchartanalysisS&P 500 E-Mini FuturesFibonacciParallel ChannelSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Technical AnalysisTrend Analysisus500

Also on:

Disclaimer